Full Service Small Boutique Neighborhood Grocery
Not Disclosed, OR Multnomah County
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- RE: Full Service Small Boutique Neighborhood Grocery
- Contact: Teresa Farrell
Quick Facts
| Asking Price: | $1,000,000 | |
| Annual Revenue: | $2,050,879 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $112,385 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $700,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1984 | |
| Employees: | 20 | |
| BBN Listing #: | 990697 | |
| Broker Reference #: | 8104-18879 |
Business Overview:
Specializing in unique as well as standard offers. The high-end neighborhood counts on this market for its grocery needs.
Staff is friendly and inviting and store is a fabulous blend of products. Great Wine selection. These are the second owners of this gem.
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Property Features and Assets:
Built in 1935, stand alone building with great parking, listed on the historic registry.
Size: 6,000 sq feet
Condition: Excellent
Assets = $900,000
Market Competition and Expansion:
Local area has no direct competitors that are in close proximity.
The market is a stable in the community. There is an opportunity to improve margins with a change in staffing.
Reason for Selling:
Owners are moving out of this version of grocery to much larger venues.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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