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Convenience Store For Sale - Portland, Oregon, OR |
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| PROFILE: Unique Location High traffic Count On Corner Of Two Main Arterials. |
| Status: |
Available |
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| State: |
Oregon |
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| Location: |
Portland |
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| County: |
None Given |
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| City: |
Portland |
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| Primary Category: |
Service Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
126442 |
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| Seller Or Contact: |
Chuck Atkins |
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| Primary Phone: |
503-799-0533 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/13/08 |
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| Date Ad Last Revised: |
10/13/08 |
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| Asking Price: |
$2,950,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
Call/Email |
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| Annual Adjusted Net: |
$192,660 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
No |
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DESCRIPTION: Leased Commercial In Unique Location Location, Location, Location. Property For Sale. Prime Close-In Portland, Oregon Hi-Style Newer Gas Station And C-Store In Heart Of Choice SW Residential Miles From Any Other Gas Stations. High Traffic Count On Corner Of Two Main Arterials That Feed To Freeway And Downtown. The Gas Station Operation Reverts To The Owner Of The Real Estate In Eight Years At Which Time The Business Can Be Resold (The Business Sold 2 Years Ago For $600K) Or The Owner Can Operate The Business Which Historically Had Approx. $200K Per Year Cash Flow. Very Low Risk Due To Location. The Operator Makes Triple The Margin Compared To Other Citywide Gas Stations. Triple Net Income $192,660, 6% Cap Rate Asking Price Of $3,211,000. |
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