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Neighborhood Grocery & Rental Space

Eugene, Oregon (Lane County)

Retail - Convenience Stores | Retail - Other Food Stores

Asking Price $610,000 Inventory  
Gross Income $519,460 Real Estate  
Cash Flow $73,274 Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

BUSINESS: This has been a grocery store location for the past 40+ years serving the general area and patrons from the busy through street immediately in front of this corner store. There are approximately 20 off street head in paved parking spaces available for quick pull in service across the front and down the side of the building. The store offers a wide variety of convenience style groceries as well as hot foods from a deep fryer/pressure cooker. LOCATION: This Eugene store is located in a well established area that has a very busy street in front and on the side with excellent exposure and easy access. EMPLOYEES: The seller works 3 days + 3 hours on the 4th day of the week only (27 hours) and employs 3 persons which are paid from $7.95 - $9.75 per hour and work from 20-35 hours per week (each). PRICE & TERMS: Building: The price is $450,000 and is payable in cash only. Store: The price is $160,000 plus the inventory (estimated to be $28,000 at retail less 25%). It requires $50,000+ the inventory in cash down at closing, with the balance payable in equal monthly installments of $1,305 including interest of 7.5% per annum.

AD # 370323

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