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- RE: Profitable Long Established Restaurant And Market
- Contact: Jason Blair
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | $2,733,196 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $275,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 20 | |
BBN Listing #: | 942612 | |
Broker Reference #: | 59071-815987 |
Business Overview:
​This established fast casual specialty restaurant and bar with a market provides a unique and popular Portland dining experience. The business has been meticulous about sourcing only quality products to ensure the finest and freshest of ingredients. Situated in an excellent location on a busy street, the owners have built a solid reputation with an established name and brand. Attractive space with Indoor and outdoor seating that includes a specialty market providing an additional revenue stream. The owners have implemented an effective robust marketing strategy that continues to keep them top of mind with their loyal customer base. Their dedication to quality and service is evidenced by their on-line customer reviews.his business distinguishes itself in the market by adhering to principles of ethical sourcing and sustainability, targeting consumers who prioritize these values in their purchasing choices. It is recognized for its commitment to environmental responsibility, not only through its operations but also through active engagement in relevant community and policy initiatives.​
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Property Features and Assets:
Monthly Rent: $4,500.00
Square Units (Foot, Meter): 1,750
Lease Expiration Date: August 31, 2032, 12:00:00 AM
Terms Options: Base Rent plus NNN
Market Competition and Expansion:
Competition: The counter service, also known as quick service or fast casual, is a resilient and dynamic segment within the restaurant industry. This sector is characterized by its swift service model, where customers typically order and pay at a counter before receiving their food. It combines the convenience of fast food with an emphasis on fresher, higher-quality ingredients and a more inviting dining environment. The industry's robust nature has allowed it to grow steadily, with many brands expanding their reach both domestically and internationally.
Expansion: The business is poised for strategic growth, with the potential to diversify its service models to reach a broader customer base. There are opportunities to establish smaller, more focused kiosks that offer a curated selection of popular items, catering to consumers seeking convenience and quality. The implementation of ready-to-eat meals can attract a clientele interested in quality food on the go, expanding the business's reach.
Reason for Selling:
Moving on
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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