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- RE: Cozy Sized Restaurant In Upscale PDX Location
- Contact: Anthony Wright
Quick Facts
Asking Price: | $149,000 | |
Annual Revenue: | $480,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $62,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | Not Disclosed | |
BBN Listing #: | 565052348 | |
Broker Reference #: | 59071-447386 |
Business Overview:
Seller financing available for a scaled down in size restaurant in a high traffic, wealthy west side PDX suburb. Affordable lease of $3,800 a month makes this opportunity even more appetizing. Revenue close to $500,000, the location is so sought after that any restaurant with a different concept could step right in. Perfect for a chef looking to open their first location (rather than a food cart) or an existing restaurant wanting to feature a second smaller location for select menu items. An NDA & a Buyer Profile will be REQUIRED for information on this business. Seller financing is available for qualified buyers.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Successfully operating for nearly four years at this location. It has been operating as a 'second' smaller version of a larger restaurant so a new buyer would need ti change the concept/menu and the like. An efficient sized space doing almost $500,000 in sales is evidence of this high traffic opportunity.Market Competition and Expansion:
Expanding online delivery services represents a huge growth opportunity, specifically to corporate customers. Increasing advertising and marketing efforts. It is a very unique venue that exists in a very high traffic count (walk by) so the competition is essentially within walking distance. The landlord will not allow two restaurants of similar nature so this is a positive for a buyer.Reason for Selling:
Other BusinessesAdditional 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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