Local Convenience And Grocery Store In Portland For Sale

Business description

The asking price of $69,000 includes the inventory!

This is a local convenience/grocery store with lots of promise. A buyer with vision will be able to modernize this business. It has a history of serving customers for the past 60 years. It is the go-to, quick in and out store for the many houses and retail businesses that are near-by.

It is located on a major street with a prominent outdoor sign. The building is 2,500 square feet and offers canned food, packaged food, frozen food and prepared food. The shelving could be updated and the prepared food could be expanded.

Reasons for your consideration:
• Larger than a convenience store.
• On busy major SE Portland avenue, with plenty of off-street parking.
• Seller currently does not take food stamps; that could be a major source of more income.
• No lottery tickets offered to customers. Potential more revenue!
• Owner does not take food stamps from customers; that is a big potential additional revenue for a buyer.
• Plenty of room to add more prepared food and possibly lottery machines.

This is what the buyer receives:
* All equipment and personal property,
* Use of the location of the business, subject to landlord approval of buyer.
* Fully built out tenant improvements.


Asking Price: $69,000. including inventory.

Property information

Real Estate:

Lease

Lease terms:

Lease expires April 30, 2012; Lease is $2,150 / mo.

Location:

On a major street with easy access

Premises details:

Very visible building, convenient parking, good signage

Business Operation

Trading hours:

Mon - Fri 9:00 am to 8:00 pm
Sat. 10:30 am to 8:00 pm
Sun. 10:30 am to 8:00 pm

Employees:

0

Years established:

1951

Other information

Support & training:

Seller will train