Established Convenience Store
Location:
United States
->
Oregon
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Newport
Industry: Retail > Convenience Stores Retail
Business Summary
Estabilished convienience store located on Newport's Historic Water front.This is a 3500 sq.ft almost like a mini market. There is no competition.
The premises can be divided into multiple businesses or sub-leased as there is no restriction on the lease. For example, it is excellent to divide it for a restaurant, as it has the required 3 compartment sink, separate men and women restroom and a commericial hood that can be installed easilly. There are 2 main entrances, one from the main road and the other from the Parking lot. The Parking lot draws an additional income as it ''Pay and Park''.
The business caters to year round tourists from all around the World and the commercial fishing fleets.
It is located on a prime location with a big parking lot and next to World famous restaurant - MO's. couple of blocks from the business is the Undersea Garden, Ripley's Believe it or not etc are also one of the main attractions. Contact for more information on this Convenience Store business for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$600,000
Cash Flow:
$125,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $150,000
Seller Financing: No
About The Business
Year Established: 1960
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
About The Sale
Management Training and Support: Yes.
Reason For Selling: Retired.
Click on the "I'm Interested" button above for more information on this Retail > Convenience Stores Retail business for sale.
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Print Listing Id: 70019270
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