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Convenience Mini Mart with strong owner/operator potential

Portland, Oregon (Multnomah County)

Retail - Convenience Stores | Retail - Other Food Stores

Asking Price $89,900 Inventory $15,000** 
Gross Income $368,931 Real Estate  
Cash Flow $48,010 Year Established N/A
FF&E $14,000* Employees 1 plus 1 P.T

* included in the asking price

** not included in the asking price

If you are looking for a realistically-priced convenience store business that only needs a full-time hands-on owner/operator to reach strong potential, this is the one. Current owner has become distracted and occasionally absentee due to outside obligations, and has been unable to keep increasing sales and profits befitting the locations potential. Pay-back from current approx. $48,000 cash-flow, to the $89,900 sale price is an excellent investment opportunity, and the leasing rate at approx. 6% of sales is a very attractive rate for todays market. An astute new owner could zero in on the area customer profile and taylor this mini-market product offering to the strongest profit potential.

Facilities: Current lease at $1800/mo. for approx. 1800 sf. Located on strong traffic blvd.adjacent to major retail and residential. Off-street parking for 8. Attractive fixturing, coolers, and signing.

Competition: Ideal growth potential for energetic hands-on owner operator. Store very competitive and easy access for convenience-oriented customers. Adjacent to major retail and residential, offering easy in and out service plus selected pricing advantages to successfully compete for sales and profits.

Growth/Expansion: Ideal growth opportunity for energetic hands-on owner/operator. Location has easy access, ample parking, and very competitive against adjacent retail. Recommended additional related services could include major tobacco (smoke shop), wine, and beer promotion, and lottery. Current hours 7-10 weekdays, 9-10 Sat/Sun. 18 - 24 hrs. may be advised, and strong item promotion w/signing a plus.

Financing: Cash-out at closing

Support/Training: Two weeks, negotiable

Reason Selling: Outside mktg.& consulting activities distracting from store operations

Business For Sale By

Paul Morris

503-720-2701

R.O.I. Commercial Real Estate, Inc.

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