Updated restaurant and bar

Not Disclosed, OR
Multnomah County


Asking Price: Annual Revenue:
$120,000 $153,650

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Updated restaurant and bar Broker: Jason Blair

Quick Facts

Asking Price: $120,000
Annual Revenue: $153,650
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 131752348
Broker Reference #: 59071-928610

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Business Overview:

This updated restaurant and bar is situated in an excellent growing neighborhood location and provides an ideal situation for a buyer seeking a new restaurant space or an additional location for a growing brand. The existing owners just updated the equipment and space and due to unforeseen circumstances are seeking to sell the restaurant. This is an asset sale, and the price is based on the market value of the assets and any inventory being sold. The kitchen has a hood and spacious prep space with a design that can accommodate virtually any concept. The dining room is bright and open with a large outdoor patio that is highly sought after in Portland.

This location has served as various concepts for over the past decade. The owners recently acquired this restaurant and have been open for a limited time and unfortunately due to unforeseen personal circumstances they are compelled to sell.

The restaurant is in an excellent NE location with strong support from the immediate and surrounding neighborhoods. Other new and old restaurants/bars are in the area that help drive business to this location.

Turn-key kitchen and furnished dining room makes this a more viable option for restaurateur versus starting from scratch.

This restaurant is just getting off the ground and has not met it full potential with the owner not able to give it all that it needs. It’s growth is only limited by the imagination of the buyers.

Excellent open and bright space with a large outdoor patio.

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Reason for Selling:

change

Additional Details:

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

Relevant Links:

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