Retail - Other Eating & Drinking Places | Retail - Restaurants

Asking Price	$59,500	Inventory	$12,000**
Gross Income	$130,431	Real Estate
Cash Flow	Not Disclosed	Year Established	2001
FF&E	N/A	Employees	1ft, 1pt

* included in the asking price

** not included in the asking price

The seller has lowered the price by $20,000 due to family illness. This is a delightful coffee house that serves various coffee drinks and choices of tea, including the unique Bubble Tea. The convenient location in Multnomah County has plenty of parking and has been a stable business for eight years. It operates with one full time plus one part-time employee, offering light breakfast and lunch selections, plus cookies. The display of gift items adds to the charm.

Facilities: 1,400 sq. ft. retail store in a shopping center. Lease expires April, 2010, with a option to extend for three more years. Rent is $2,080 per month, plus CAM charges, $593. Of course, all equipment, furniture and small tools needed to grow this business is included in the sale.

Competition: There are other coffee shops in Portland, but this one specializes in Bubble Tea that is gaining in popularity.

Support/Training: Seller will train buyer.

Reason Selling: Retirement