| Asking Price |
$237,500 | Inventory |
$40,000** |
|---|---|---|---|
| Gross Income |
$750,000 | Real Estate |
|
| Cash Flow |
$150,000 | Year Established | 1949 |
| FF&E |
$175,000* | Employees | 1 |
* included in the asking price
** not included in the asking price
Established and have a proven profit record business for sale now on a busy N. Pacific Hwy in Medford, OR. Southern Oregon is considered the next big growth area in the next 5 or 10 years. With a large migration of Californians into the mild weather southern Oregon, population of about 75K people and 202K population in the area should spur growth in the years to come. Past annual gross revenue has been ranging from $700K to $850K with more room for increasing revenue. Store has been extensively remodeled like new with many other money making opportunities. Quit your job, sell your house, take your pension out and just move here to Southern Oregon to buy and have your own business!
Facilities: Elk City Market: one of the 1st convenient store in Medford, OR (1949 built). Remodeled 2004 w/ 2 new ADA baths, new kitchen w/ new hood ($30K), new sandwich prep table. New 12 dr beer cooler w/ area for magazine/news. Novelty & gift items sales. Tobacco acessories & recent T-mobile cell phone dealer. Past annual gross from $700K to $850K approx. Possible increase revenue by OR Lottery/machines & expanding food service. 3,468 sf free standing bldg on 36,590 sf lot - ample parking. 5 yr lease w/ 2 (5) yr opt
Competition: Established convenient store since 1949 in high traffic N. Pacific Hwy going to Central Point, a large populated city.
Growth/Expansion: Despite new kitchen area but food service is not being operating now for new owner to start their own food style and/or ice cream, hot and cold sandwich shop. Oregon Lottery & machines can be added to the store to increase large revenue.
Support/Training: Seller will train for no experience operator buyer.
Reason Selling: Seller wants to move on to other business ventures

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