Deli/Sandwich shop with beautiful patio/garden in N Portland

Portland, OR (Multnomah County)

Deli/Sandwich shop with beautiful patio/garden in N Portland

Asking Price:$55,000

Cash Flow:$30,000

Gross Revenue:$182,000

EBITDA:N/A

FF&E:$30,000

Inventory:N/A

Rate/Sq. Ft.:$0.80

Established:2014

Deli/Sandwich shop with beautiful patio/garden in N Portland

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Business Description

Cute location on a bustling st., A great next step for a food cart!

A sunny clean shop, open for lunch only currently, room to expand to breakfast/dinner/late night/full liquor license. Low overhead makes this the perfect place for an owner operated location to try new things. There is a big patio outback that can be easily covered to shield rain, overlooking a beautiful vegetable garden, with gardner looking to sell you the freshest veggies in town. Farm to table built right in! Friendly staff serving fresh food all afternoon.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
8/31/2019
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
-custom patio furniture which can seat about 30 people, umbrellas and sun sail included -whole wall mural on patio - cedar trash enclosure -shared bathroom up to ada code -indoor counter seats 8 -sinks, grease trap, freezer, fridges, deli display case, small oven, induction burner, square set up (i-pad, cash drawer, stand), are all owned outright. dish washer on lease, plumbed in, plenty of electrical, heat and cooling by a mr. slim unit, plenty of large shelves. Taxes/licenses are all up to date.
Competition:
One of the only Lunch spots in the area! This area has been "up and coming" for a few years, but with a recent boom in the housing market a younger group of people are moving in, and construction is abound. The potential for this space is incredible.
Growth & Expansion:
The hours are very short right now, because I am currently running another business, and don't have the time to make this space what it could be. Hours can easily be expanded, menu can be expanded, there is currently a beer and wine olcc license, which can be expanded to liquor, a side walk permit would allow for additional seating, and a hard cover to re-pace the sun-sail in the patio would allow for year round seating. The community wants to support small business!
Support & Training:
6 days of training will get you up and running no problem.
Reason for Selling:
Currently running another business, not enough time.

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Business Listed By:
Amanda Taylor

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