Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!
Business For Sale
RESTAURANT/BAR WITH PREMIER LOCATION IN PORTLAND
|
Asking Price: |
$299,000
USD USA Dollars
|
|
Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
|
|
Reason for Selling:
|
Moving Abroad |
|
Year Established:
|
2003 |
|
Yearly Revenues:
|
$2,300,000 |
|
Yearly Gross Income:
|
$2,500,000 |
Business for Sale Overview:
Great Opportunity! 6,000 square feet stand alone restaurant with 200 seats plus a 50 seat outdoor deck. The site has a very high traffic count and 250 parking spaces. Current owners have a SBA loan that is assignable.
Property Features and Assets:
The build-out is beautiful and the facilities are like new. The current owners are grossing $2,300,000 per year and trending upward. A different concept here could do far better. This is a must see location with tremendous conversion potential.
Market Competition and Expansion:
The location is great for almost any concept. It has a long lease with a below market rent rate. The numbers could be grown quickly with a different concept and an increased focus on the bar. The layout is configured for a strong restaurant and bar business.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
« Previous Results »
« New Search »
To contact the seller of this specific business for sale please complete and
submit the following form.
| Please provide any additional
details: |
|
* Indicates required field.