Grocery/Rental Income Douglas Cty., WA
Title
Grocery/Rental Income
Occupancy
ADR
Average monthly Store Sales
Price
$2,350,000.00
Average Monthly Gas Sales Gallons
Rooms
Cap Rate
Status
Sold
Room Revenue
Annual Room Revenue
Annual Net Profit
265000
Remarks
his super high volume neighborhood convenience store/deli is well known throughout the area for its wide selection of grocery/beer items and outstanding deli, which features both Chester Fried Chicken and Skippers. In fact, this Market is the third highest grossing Chester Chicken operation in all of Washington State. The high volume, high margins, ultra-consistent performance and super location make this opportunity a business investment that is super profitable and low risk at the same time. The market’s high volume sales and profits will undoubtedly increase in future years as there are substantial housing developments being built adjacent to the store that will drive more business to the Market which is the only store in the area. In addition to the substantial store profit, an owner will command additional rent from about 3,000 square foot of highly coveted retail space. Market rent for this space is estimated to be $3,100 per month. Of course, a new owner may elect to expand the existing store or operate another business in this space as well. Average Monthly Store Sales: $218,000 Average Annual Gross Profit: $768,000 Average Annual Net Profit: $265,000 Rental Income Monthly: projected $3100/month *Real Estate included in asking price *Principals only
Title
Grocery/Rental Income
Occupancy
ADR
Average Monthly Store Sales
Price
$2,350,000.00
Average Monthly Gas Sales Gallons
Rooms
Cap Rate
Status
Sold
Room Revenue
Annual Room Revenue
Annual Net Profit
265000
Remarks
his super high volume neighborhood convenience store/deli is well known throughout the area for its wide selection of grocery/beer items and outstanding deli, which features both Chester Fried Chicken and Skippers. In fact, this Market is the third highest grossing Chester Chicken operation in all of Washington State. The high volume, high margins, ultra-consistent performance and super location make this opportunity a business investment that is super profitable and low risk at the same time. The market’s high volume sales and profits will undoubtedly increase in future years as there are substantial housing developments being built adjacent to the store that will drive more business to the Market which is the only store in the area. In addition to the substantial store profit, an owner will command additional rent from about 3,000 square foot of highly coveted retail space. Market rent for this space is estimated to be $3,100 per month. Of course, a new owner may elect to expand the existing store or operate another business in this space as well. Average Monthly Store Sales: $218,000 Average Annual Gross Profit: $768,000 Average Annual Net Profit: $265,000 Rental Income Monthly: projected $3100/month *Real Estate included in asking price *Principals only
Address
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zip code
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city
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State
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Lot size
16117
Building Size
5,886
Brand
Operating hours
Address
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zip code
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city
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State
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Lot size
16117
Building Size
5,886
Brand
Operating hours