SE Neighborhood Restaurant – Strong Profit - Motivated

Portland, OR
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Asking Price:$125,000
Gross Revenue:$546,000
Established Year:2015
Cash Flow:$154,000
Rent:$2,300
BUSINESS DESCRIPTION

Great inner Eastside Neighborhood - on main thoroughfare
Efficient space - both kitchen & dining room
Outdoor front patio plus street seats add to capacity and revenue
GREAT overhead structure - High profitability
Easy parking
Weekend Brunch would be a good addition
Could be "your" concept here
OR Buy this concept turnkey


DETAILED INFORMATION
Location
Portland, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Facilities
A strength of this offering is the efficient kitchen facility. Located in a renovated, charming space featuring a well-equipped, clean kitchen with a type 1 hood system, the facility has good street visibility and is adaptable to many kinds of food operations. The setting is comfortable. There is the ability to seat 40 plus outdoor deck (additional 35). The total square footage is approximately 1000. The lease rate is GREAT: approximately $2300/mo ($0-NNN). There are 2 parking spaces included on premises.
Competition
Great spot on growing neighborhood thoroughfare.
Support & Training
TBD
Reason for Selling
Other business
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David
Marlin
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David Marlin