Deli & Market with high Lottery net! On Contract!

Portland, OR (Multnomah County)

Seller Financing Available
Deli & Market with high Lottery net!  On Contract!
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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: $379,000

EBITDA: N/A

FF&E: N/A

Inventory: $16,000*

Rent: $4,152 /Month

Established: 1990

*not included in asking price.

Deli & Market with high Lottery net! On Contract!

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Business Description

Just listed! Popular Deli and Mini Mart in Portland that has been in business for 29 years! This location has 4152 square feet, small cooking area, 6 Lottery machines that did a net of $137K in 2018 and a YTD net thru 7-27-19 $94K, 4 employee's and a Manager that makes $55k per year that runs location. Landlord will write a new lease for Buyer for $4152 Triple Net for 5 years with an additional 5 year option. Lease deposit is $5000 and Inventory is approximately $16,000 which is not included in purchase price. Seller has been off premise for 29 years and is ready to retire. Hours of operation are 7:00 a.m. until Midnight 7 days per week. This is a turn key operation and would be great for an on premise owner or family operation. For additional details go to WILTSEYBARS.COM. All Buyer's will be asked to sign a confidentiality agreement and verify funds.

Detailed Information

Location:
Portland, OR
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,152
Lease Expiration:
7/1/2024
Employees:
5
Facilities:
Free Standing Building
Financing:
Seller will carry contract on business with $40K down. No SBA Loans
Support & Training:
Seller's Manager will train new Buyer
Reason for Selling:
Retiring
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(from currently available funds)
 
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Tina Wiltsey-Trevizo

Business Listed By:
Tina Wiltsey-Trevizo

Wiltsey & Associates, Inc.

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