With a cash purchase at $850,000 new owner can easily see 14% cap rate based on conservative 2020 income of $122,000. Trained, long term staff know procedures and make owner/management stress and time minimal. Perfect retirement gig for living your best beach life. Established community grocery known for friendly service, great selection and competitive prices comes with built in community clientele plus great Hwy 101 exposure. Home of the hot breakfast sandwich! Partial list of what is available: Ice Cream, Espresso, Nitro Cold Brew, Coffee on tap, a large selection of Oregon wines, a great selection of Oregon craft beers, hot food deli, homemade bake goods and everything else you need for your day at the beach. New Point of sale system. New Septic system Aug 2021. Income 2021 25% above 2020. Unrealized income potential from renting large hwy billboard. Sale includes two lots. Sale does not include inventory. Seller will consider sale of business only ($450,000) with NNN lease back of real estate. Do not discuss sale or business with employees or staff. Contact LA, John Reis (503) 580-7811 prior to stopping by. Financials available upon accepted receipt of LOI.