Restaurant in Excellent Location w/New Build Out

Not Disclosed, OR
Multnomah County


Asking Price: Annual Revenue:
$225,000 $668,776

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant in Excellent Location w/New Build Out Broker: Jason Blair

Quick Facts

Asking Price: $225,000
Annual Revenue: $668,776
Net Profit: Not Disclosed
Cash Flow: $60,759
Total Debt: Not Disclosed
FF&E: $203,299
Real Estate: Not Disclosed
Year Established: 2019
Employees: 9
BBN Listing #: 539052348
Broker Reference #: 59071-306599

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Business Overview:

Restaurant opportunity located on busy street in a growing neighborhood. Attractive space with recent leasehold improvements and upgrades. Space is conducive to a variety of concepts either formal or fast casual. Outdoor seating with room to expand and an extra room that can flex as a private dining room or used to expand dining space. This restaurant has built a reputation for classic comfort foods and is a top destination for this neighborhood. Spacious kitchen with larger walk-in, new hood and all the restaurant equipment needed to operate a face paced popular restaurant.

Open just prior to the pandemic this was a popular destination that was gaining a lot of momentum. Offering top notch libations and delicious food in a comfortable, classy environment appealing to Portland foodies and a solid neighborhood customer base. The restaurant has adapted to expand pick up orders to accommodate customers during the pandemic.
This restaurant sets itself apart with their soulful, comfort food and a friendly vibe in a friendly tasteful environment that is well situated in a high traffic area and executed a thoughtful marketing plan. The space is ideal to continue this concept while lending itself to be easily adapted to fit a variety of menu and service options.

There are opportunities for growth by expanding hours for breakfast/brunch and dinner services seven days a week. The prep and kitchen space and layout make this an ideal restaurant for growing the catering, curbside and carry out services. Additionally, actively targeting customers from outside the neighborhood and adding delivery services could contribute to additional growth.
Turn-key restaurant.

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Reason for Selling:

Moving on.

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.

Relevant Links:

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