Established 40-Year Convenience Store for Sale in Portland, OR
Joo Market
Financial Details
- Asking Price:
- $200,000
- Annual Revenue:
- $400,000
- Profit Metric:
- Cash Flow
- Location:
- Portland, OR, US
- Source:
- Date:
- November 07, 2025
Key Highlights
Description
This established Joo Market convenience store, operating successfully for 40 years in Portland, Oregon, presents a prime opportunity for a new owner. Located at 3837 NE Martin Luther King Jr Blvd, the business occupies a clean, well-lit leased commercial unit featuring ample retail space, storage, and an existing office area. The current layout is optimized for grocery, beverage, and specialty item sales, supported by modern shelving and a functional POS system. A key feature is the unused space at the back, providing immediate potential to add at least two new rooms or services like a deli or coffee counter, significantly boosting revenue streams. The business currently employs 2 full-time staff. The seller is motivated and offers 3 days of in-person training to ensure a smooth transition.
Industry Information
- Industry Description:
- Convenience Store
- Classification:
- Retail
Operational Snapshot
- Year Established:
- 1985
- Employees:
- 2
- Reason for Selling:
- Business Investor/Flipping Activity
Real Estate & Lease
- Status:
- Leased
Assets & Inventory
- Inventory Value:
- $50,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Yohannese Legesse
Listing Details
- Listing ID:
- 01723aaa-8d16-4325-a875-b727d146532c
- Source Listing ID:
- 2436576
- Deal Status:
- For Sale
- Last Updated:
- November 07, 2025
- Currency:
- USD