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- RE: This Upscale Coffee Cafe Is Perfect For A Barista
- Contact: Scott Parkinson
- License #: 201256065
Quick Facts
Asking Price: | $249,000 | |
Annual Revenue: | $346,884 | |
Net Profit: | $57,316 | |
Cash Flow: | $57,316 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 6 | |
BBN Listing #: | 947496 | |
Broker Reference #: | EG11377 |
Business Overview:
Upscale and stylish coffee cafe located in an historic community in Portland, OR. The large windows and comfortable seating make this a gathering place for the local affluent residents and for visitors to the neighborhood seeking to recharge with a double espresso or latte. The location draws daily users of the close by public attraction and greatly benefits from the patronage of regular, daily consumers. There is an opportunity to expand operations to include fresh baked items on-site with the purchase of electric convection ovens, stand mixers and some basic baking tools. The business is absentee run with a general manager and assistant manager but the GM comp is added back to SDE. EG11377
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Property Features and Assets:
The current lease will expire on 4/2028, Rent $1,924, NNN $300, Square Feet 815
Hours Daily 7 am to 5 pm
Reason for Selling:
DivestmentAdditional 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
Relevant Links:
- View more Oregon businesses for sale
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