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Business For Sale
POPULAR DOWNTOWN PORTLAND, OR LUNCH SPOT FOR SALE
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Asking Price: |
$169,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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MUST RETURN TO CHICAGO TO SET UP GLOBAL HEADQUARTERS. |
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Year Established:
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2004 |
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# of Employees:
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7 |
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Yearly Revenues:
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$365,000 |
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Yearly Cash Flow:
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$40,000 |
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Yearly EBITDA:
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$98,000 |
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Yearly Net Profit:
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$85,000 |
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Yearly Gross Income:
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$377,450 |
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Monthly Payroll:
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$5,500 |
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Total Debt:
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$65,000 |
Business for Sale Overview:
3 1/2 year old well advertised and patronized lunch spot. Large clientele of daily regulars. Beautiful 3,000 square foot sleek streamlined art gallery style space. 50 capacity. 2 levels. Plenty of storage. Floor to ceiling double pane front windows. Built by top contractor in 2004/05. Fully equipped, ready to go. High Tech POS system w/ built in inventory tracking a myriad of sales reports and employee data -- High End 2 station system. Internet Security Cameras. Very popular address. Historic Building. One block from the new transit mall. Heart of business district. Must see. Internet photos available for viewing for serious, interested parties only. Any cuisine would go here! Owner must relocate back east to launch global franchise and frozen food line. PRICED TO SELL NOW $169K! Steal it! This is a fantastic restaurant for sale.
Market Competition and Expansion:
In a good restaurant/food district. Many cuisines would be a go. Residential Towers going in all around and a new Downtown Campus of U OF O opened this year 4 blocks away.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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