Request More Information Contact the Seller

  • RE:  Turnkey Restaurant Opportunity: Neighborhood
  • Contact:  Lisa Clarkson

Quick Facts

Asking Price: $370,000
Annual Revenue: $1,055,763
Net Profit: Not Disclosed
Cash Flow: $197,000
Total Debt: Not Disclosed
FF&E: $151,560
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 15
BBN Listing #: 1012926
Broker Reference #: 59071-502400

Email or Print Listing

Business Overview:

Are you ready to take the reins of a beloved seafood restaurant with a rich history and a loyal following? Look no further than this established gem, located in the heart of NE Portland. Founded in the early 2000s, this independent restaurant has become a staple in the community, known for its exceptional dinner service, quality-driven menu, and dedicated neighborhood clientele. With a strong reputation built over many years, the business has flourished under long-term ownership, earning recognition for its culinary identity, high hospitality standards, and unwavering commitment to customer satisfaction. Now, the current owner is looking to retire, paving the way for a new visionary to step in and carry on this successful legacy. With a proven concept, established operating history, and respected market presence, this is an exciting opportunity for a passionate entrepreneur to drive the business to new heights. The potential for growth is vast, offering multiple avenues for expansion and increased revenue. By extending operating hours, introducing brunch, lunch, or more dinner service days, and tapping into opportunities like private events, catering, takeout, and delivery, a new owner can unlock the full potential of this thriving venture. Don't miss out on this chance to own a well-established restaurant with a loyal clientele, untapped growth opportunities, and a solid foundation for success. Visit https://www.tworld.com/ to learn more about this exciting prospect and take the first step towards making this thriving seafood restaurant your own. Act now and seize the opportunity to write the next chapter in this restaurant's storied history.​

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Established in 2000's, this independent restaurant has developed a strong reputation over many years for its focused dinner service, quality-driven menu, and loyal neighborhood clientele. Under long-term ownership, the business has built consistent customer recognition through its culinary identity, hospitality standards, and steady word-of-mouth presence in its trade area. The current owner has operated the business for many years and is now pursuing a sale in connection with retirement, creating an opportunity for a new owner to acquire a proven concept with an established operating history and respected market presence.

Market Competition and Expansion:

Portland remains a strong market for established independent restaurants, with buyers continuing to value well-run concepts that have a loyal customer base, clear brand identity, and opportunities for operational improvement. While the industry continues to face higher labor, food, and occupancy costs, proven full-service restaurants with strong neighborhood support and differentiated offerings remain attractive acquisition opportunities. For buyers, the appeal is in acquiring an established platform with existing goodwill, operational infrastructure, and upside through expanded hours, targeted marketing, and margin improvement.
Growth opportunities include expanding operating hours, adding brunch, lunch, or additional dinner service days, and increasing revenue through private events, catering, takeout, or delivery. A new owner may also unlock additional upside through refreshed marketing, stronger digital presence, menu optimization, and improved labor or cost controls while building on the business’s established reputation and loyal customer base.

Reason for Selling:

Retiring. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Request More Information

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

    Add Businesses and/or Franchises
    To Basket For Free Information

    This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.