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- RE: Established Restaurant With Loyal Customer Base
- Contact: Jason Blair
Quick Facts
| Asking Price: | $397,000 | |
| Annual Revenue: | $882,639 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $146,561 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $151,560 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 15 | |
| BBN Listing #: | 1012926 | |
| Broker Reference #: | 59071-502400 |
Business Overview:
Established dinner-only restaurant with a strong local following, recognized for quality seafood, seasonal menus, and a loyal repeat customer base. Well-positioned in a desirable neighborhood with an established reputation, included FF&E and leasehold improvements, and upside through expanded hours, refreshed marketing, or operational efficiencies.
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Property Features and Assets:
Established in 2000's, this independent restaurant has developed a strong reputation over many years for its focused dinner service, quality-driven menu, and loyal neighborhood clientele. Under long-term ownership, the business has built consistent customer recognition through its culinary identity, hospitality standards, and steady word-of-mouth presence in its trade area. The current owner has operated the business for many years and is now pursuing a sale in connection with retirement, creating an opportunity for a new owner to acquire a proven concept with an established operating history and respected market presence.
Market Competition and Expansion:
Portland remains a strong market for established independent restaurants, with buyers continuing to value well-run concepts that have a loyal customer base, clear brand identity, and opportunities for operational improvement. While the industry continues to face higher labor, food, and occupancy costs, proven full-service restaurants with strong neighborhood support and differentiated offerings remain attractive acquisition opportunities. For buyers, the appeal is in acquiring an established platform with existing goodwill, operational infrastructure, and upside through expanded hours, targeted marketing, and margin improvement.
Growth opportunities include expanding operating hours, adding brunch, lunch, or additional dinner service days, and increasing revenue through private events, catering, takeout, or delivery. A new owner may also unlock additional upside through refreshed marketing, stronger digital presence, menu optimization, and improved labor or cost controls while building on the business’s established reputation and loyal customer base.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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