Amazing Local Cafe Ready for New Owner

Gresham, OR
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Asking Price:$75,000
Gross Revenue:$156,903
Rent:$1,900.02
Established Year:2009
Cash Flow:$19,505
Inventory:$15,000
FF&E:$20,000
BUSINESS DESCRIPTION

A turnkey opportunity for a new owner. This is a lovely local cafe with an exquisite built out space welcoming to the neighborhood. Existing community support makes this a great place to step right into.
Hope started Hope’s Bake Shop in her home in 2009, and as demand for her products grew, she moved in to her first
retail location at 420 NE Kelly Avenue in 2016. Continued demand for Hope’s products allowed her to move into her
current location at 455 NE Burnside Road in 2019, where she continued to grow the business and expand by adding a cafe. About 2 years ago she sold off the Bakery and retained the higher earning Cafe.
Revenue has nearly doubled over last year and is poised to go higher with additional marketing.
Great pastries, breakfast and coffee in a location with character and soul in a suburban setting usually devoid of such special places.


DETAILED INFORMATION
Location
Gresham, OR
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Lease Expiration
31/10/2026
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
2 weeks
Reason for Selling
leaving industry
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Michael
Whitesel
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Michael Whitesel