This upscale coffee cafe is perfect for a barista
Portland, OR
| Asking Price: | $249,000 |
| Gross Revenue: | $346,884 |
| FF&E: | $20,000 |
| Cash Flow: | $57,316 |
| Inventory: | $500 |
| Established Year: | 2018 |
Listing ID: 2271698Listing provided by BizBuySell
BUSINESS DESCRIPTION
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
DETAILED INFORMATION
Location
Portland, OR
Inventory
Included in asking price
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The current lease will expire in 4/2028, Rent $1,924, NNN $300, Square Feet 815
Licenses: Multnomah health and City of Portland business
Hours: Daily from 7 am to 5 pm
Support & Training
4 weeks, 5 hours per week
Reason for Selling
Divestment
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