Landmark Italian Restaurant
Not Disclosed, OR Washington County
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- RE: Landmark Italian Restaurant
- Contact: Jason Blair
Quick Facts
| Asking Price: | $500,000 | |
| Annual Revenue: | $2,668,969 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $220,390 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $240,370 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1978 | |
| Employees: | 31 | |
| BBN Listing #: | 694852348 | |
| Broker Reference #: | 59071-161916 |
Business Overview:
This a great restaurant that has been in business for generations and will continue to be a great location for families to come together to enjoy a wonderful Italian meal. Located outside of Portland in the surrounding suburb that is seeing amazing growth due to the influx of homes being built and the growing neighborhoods. There is a full liquor license as well as lottery machines in the bar. The take-out pizza has been a saving grace to get them through the COVID years and seeing more and more families coming back in for their dine in experience.
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Property Features and Assets:
Monthly Rent: $10,602.00
Square Units (Foot, Meter): 9,000
Lease Expiration Date: November 1, 2023, 12:00:00 AM
Terms Options: NNN/5 year option
Reason for Selling:
Exploring other opportunities
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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