Newly Renovated Profitable Restaurant on OR Coast

Astoria, OR
Clatsop County

Asking Price: Annual Revenue:
$50,000 $116,148

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Newly Renovated Profitable Restaurant on OR Coast Broker: Aaron Majors
Owner Financing is Available!

Quick Facts

Asking Price: $50,000
Annual Revenue: $116,148
Net Profit: Not Disclosed
Cash Flow: $44,710
Total Debt: Not Disclosed
FF&E: $28,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: Not Disclosed
BBN Listing #: 57052348
Broker Reference #: 59071-220666

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Business Overview:

Turnkey opportunity to take over a newly renovated restaurant in an excellent location in Astoria, OR. Opened in 2019 the space can easily transition into any type of restaurant concept. Full kitchen with newer equipment in excellent shape. Location is approx. 1,400 sq ft with seating for 36 but can fit up to 50.

This space was converted into a restaurant in the past year and presents a freshly remodeled opportunity.

Other restaurants in the area but none like this.

Currently the restaurant have a full bar and there is opportunity to expand marketing activities as well as hours of operation.

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Reason for Selling:

other 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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