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Neighborhood Store in Longview with Living quarters

Longview, Washington (Cowlitz County)

Retail - Convenience Stores | Retail - General Merchandise Stores

Asking Price $629,000 Inventory $60,000** 
Gross Income $456,000 Real Estate  
Cash Flow Not Disclosed Year Established 1981
FF&E N/A Employees 3-4

* included in the asking price

** not included in the asking price

Here is a store with nothing but "UPSIDE" potential. This business is operated absentee with out of town owners and they only come in once a week or every two weeks. Sellers have 3-4 employee's in place to work the shifts. Sellers just installed surveillance system that costed $7,000 after 6 years of owning the business and this was not due to customer theft or a bad area. There is an upstairs apt with 3 bedrooms that could be rented out for about $600 to $800.00 per month or a new owner could live there themselves. There is also about an additional 500 sqft of retail space that could be rented out for about $500.00 per month. This location needs an owner operator.. Call and lets TALK....

Facilities: This is a two story building with a 3 bedroom apt upstairs that the seller is not using and not renting out. The C-Store is about 2,200 sqft with walkin cooler. There is an additional 500 sqft on the retail level of rentable space.

Competition: Competition is limited due to being right next to a school and in a neighborhood. There is great upside to this investment.

Growth/Expansion: This store is operated by an absentee owner and the owner does not live in Longview. They are currently operating it with 3 to 4 employees.. There is a great deal of "UPSIDE" to this business for an owner operator...

Financing: Buyer to obtain new financing

Support/Training: Seller will train for 2 weeks

Reason Selling: other business interest

AD # 376940

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