Iconic Specialty Japanese Restaurant

PORTLAND, Oregon

Asking Price $120,000 Year Established 1997
Annual Revenue $467,513 Reason for Selling reducing locations  
Annual P/L $0 Attention Dan Walkowski
Annual Cash Flow $45,474 Listing Number 991032  
# of Employees 8 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

An opportunity to take a restaurant to the next level in town. Sushi Ichiban is a popular restaurant in Portland's Old Town District. Be a part of the city's efforts to revitalize the community by actively owning a restaurant in the district. This restaurant has been in operation for several years with the current owner taking over in 2007 and applying his own twists on traditional dishes. The restaurant has a fully equipped kitchen, beverage station, serving stations and offers in house dining with booth and bar seating areas along with take out options. Behind the large bar area is a fully set up server station. Customers can choose from a variety of menu options with the infamous "Sushi Train" delivering small plates to customers around the bar. Take over the current concept or use this location to start your new concept in Portland's historic Old Town. 


Property Features and Assets:

<p>The current owner took over the reigns from the prior owner in 2007 and added his touch to the restaurant. This is a very popular spot for locals.<br></p>

Market Competition and Expansion:

<p>While there are many restaurants in the city, balancing the right mix of quality offerings, great service and an attractive vibe will help to differentiate a business. The current business has focused on good food at a reasonable cost to the customer.<br></p><p>Portland has been revitalizing the Old Town Business District. The local business association works together on economic development initiatives. A new owner can decide to keep the concept and grow, or bring in their new concept to create new interest to the area<br></p>

Additional Details:

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

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