Awesome Cafe w/outdoor courtyard

Portland, OR
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Asking Price:$75,000
Rent:$2,888
Gross Revenue:$375,000
Established Year:2015
BUSINESS DESCRIPTION

Centrally located in a high-density district in the N Portland area. On a main thoroughfare, this business has commercial and residential all around it. Located in a mixed-use building with good foot traffic.
A solid Coffee/Breakfast/Lunch menu, this business is relatively easy to run
Great complete kitchen with type 1 hood and all
Outdoor courtyard seating - seats 30 inside
Has reasonable overhead costs
Lots of upside for an owner operator


DETAILED INFORMATION
Location
Portland, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,400
Employees
3
Facilities
New expensive build-out in 2015. Occupies approx 1,400 sq ft (plus roomy outdoor area, with the rent currently at $2900 ($24.80/ft)(+NNN- approx. $1000) per month. There is indoor seating for about 30 plus outdoor tables. The fully equipped kitchen (type 1 hood, grease trap et al) and expensive build-out is mostly new and capable of producing a wide range of food items. It can accommodate a large volume and different menu items for a new owner.
Competition
Great neighborhood for dining. Lots of good food options, lots of residents, office & retail.
Growth & Expansion
Expand hours of service and marketing
Support & Training
Seller will consider
Reason for Selling
Other business interests
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David
Marlin
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David Marlin