Business For Sale

Established Profitable Hot Spot

Not Disclosed, OR
Multnomah County


Asking Price: Annual Revenue:
$290,000 $1,098,804

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Profitable Hot Spot Broker: Anthony Wright
Owner Financing is Available!
$84,000.00

Quick Facts

Asking Price: $290,000
Annual Revenue: $1,098,804
Net Profit: Not Disclosed
Cash Flow: $197,758
Total Debt: Not Disclosed
FF&E: $46,790
Real Estate: Not Disclosed
Year Established: 2007
Employees: 21
BBN Listing #: 70352348
Broker Reference #: 59071-808820

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Business Overview:

This restaurant is an established Portland favorite complete with southern charm and hospitality. Situated in one of Portland’s most sought after trendy neighborhoods among other restaurants and shops you will often find a wait to get in. Performing over a million dollars in annual sales this is a busy restaurant that consistently draws in a crowd for awesome daily brunches, happy hour, and dinner. Full bar, micro brews and eclectic ambiance with well equipped kitchen, bar, indoor seating and outdoor patio. A rare opportunity to own one of the city’s most recognizable establishments.

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Property Features and Assets:

The restaurant has been owned by the current owner for past five years. It was originally established in 2002. Owner is currently absentee and seeking to sell to be able to devote their full attention to their other business ventures. Management staff is in place.

Market Competition and Expansion:

This restaurant has established a solid reputation with a unique popular menu and has no other competitors in this neighborhood who offer this style of dining. Known for their brunches, happy hours and dining experience. This restaurant is also in an awesome high traffic location in a highly sought trendy area. Creation of additional service options such as drive up, delivery as well as expansion of catering utilizing their unique menu options. Limited marketing is currently being completed there is an opportunity to expand social media and implement formal marketing strategy.

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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Disclaimer:

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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