Popular Restaurant in High Traffic-In SW Portland

Not Disclosed, OR
Multnomah County


Asking Price: Annual Revenue:
$299,000 $769,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Restaurant in High Traffic-In SW Portland Broker: Dan Walkowski

Quick Facts

Asking Price: $299,000
Annual Revenue: $769,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 456552348
Broker Reference #: 59071-174647

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Business Overview:

Bright and open environment with seasonal outdoor seating, this restaurant serves traditional Italian fare with a modern twist, using high quality fresh ingredients in main dishes, salads, homemade pasta as well as pizza and fresh baked focaccia & desserts.

Seating for 48, a full-service bar with 6 seats, plus seating for 30 outdoors (typically from late March to October). Full liquor license as well as carry out license for beer, wine and cider.

Dine in, take-out and delivery available. Well equipped kitchen with high quality appliances, reach-in freezer, walk-in refrigerator, commercial range/oven,Type 1 exhaust hood, pizza oven, espresso machine, refrigerated counter cases, prep stations, dishwasher. Great location with parking access.

Current owners built this restaurant new in this location starting in 2014 and opened in 2015. The business created a steady flow and regular clientele.

The pandemic impacted the business through the shutdown period, as well as reduced hours and days. In the past year, the business has started to rebound, and become a “go to” spot for loyal customers in the community.

The food and service are excellent and makes for an enjoyable dining experience.

One or two similar options within 10 miles, and several other alternatives, but not much direct competition.

This restaurant is a turnkey operation that has growth potential. It is an ideal location and environment for a chef owner. There's opportunity to expand days and hours. Revenue showing recovery in 2022. A bar was added recently which has been successful.

A new owner can retain and grow current concept or introduce a new concept.

Contemporary, bright, open environment. Restaurant seating indoors & out, restrooms, storage pantry, rear kitchen, front counter, bar seating for 6, table & booth seating, seasonal outdoor seating.

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Reason for Selling:

Relocating

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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