Business For Sale

Popular NE Portland Specialty Pizza Shop

Not Disclosed, OR
Multnomah County

Asking Price: Annual Revenue:
$98,900 $360,799

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular NE Portland Specialty Pizza Shop Broker: Heather Trumbull
Owner Financing is Available!

Quick Facts

Asking Price: $98,900
Annual Revenue: $360,799
Net Profit: Not Disclosed
Cash Flow: $52,133
Total Debt: Not Disclosed
FF&E: $12,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 3
BBN Listing #: 386152348
Broker Reference #: 59071-751152

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Business Overview:

Established quality neighborhood pizza business on a mission to serve up the finest pizza, salads, and desserts that are out of this world. Open kitchen, Portland vibe with indoor seating accommodating approximately 40 with additional sidewalk dining for up to 20. Beer on tap and in can/bottle along with other non-alcoholic beverages. Take-out and delivery available. Located near high density residential area with great business and residential demographics appropriate for a pizza business.

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Property Features and Assets:

This pizza business started in the mid 90’s in downtown Portland and re-located to its current NE shop in 2007. The space was totally renovated at the time it opened and grew to nearly $400k in annual sales. In 2017 the seller converted to an owner operator model and started to diversify their business model. The seller also reduced hours of operation, changed delivery methods from in-house to utilizing various delivery service companies, and reduced investment in marketing and advertising. The business currently has a full-time manager and 2 other competent full-time employees. One week of training is included in price.

Market Competition and Expansion:

This is the only specialty non-franchised pizza shop in the neighborhood. Strong repeat customer base with excellent location, close proximity to other businesses, hospital, schools and in high density residential area on busy street. This is the casual neighborhood pizza and beer establishment you would take out of town guests to. This business is ideal for an owner/operator seeking own place and has huge potential. Opportunity to increase profits through decreasing labor hours, implementing in-house delivery service, expanding hours of operation including Sundays, menu expansion, implementing sales and marketing program with strategic focus on neighborhood businesses, schools, hospitals and private residents.

Reason for Selling:

Other business interests.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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