NE Portland Neighborhood Bar and Restaurant w/Patio

Portland, OR (Multnomah County)

NE Portland Neighborhood Bar and Restaurant w/Patio

Asking Price:$80,000

Cash Flow:N/A

Gross Revenue:$938,000





NE Portland Neighborhood Bar and Restaurant w/Patio

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Business Description

Currently an Asian fusion concept with a good reputation in a classic neighborhood setting offering good drinks and food, this business is an evening-only operation with a unique menu, inviting bar, ultra-comfort, and a sexy indoor/outdoor room plus a patio. The space seats 80+ comfortably. This is a great turn-key business or could nicely accommodate a wide variety of concepts – like a DINER and neighborhood bar. The business is well established, has a strong reputation, and steady revenues.

Detailed Information

A unique building featuring a very high quality, expensive, attractive build-out. A real bistro/bar atmosphere with contemporary design and décor, high ceilings, finished concrete floors throughout, different revenue areas, excellent lighting, an attractive dining room, and a well-equipped kitchen. There is a courtyard patio room AND that allows for a festive, open-air dining room in season. The business occupies approx. 2950 sq ft. plus the patio room. The lease rate is currently $5,400/mo ($22/ft) +NNN. Ample lease term to a qualified Buyer.
Growth & Expansion:
Bring a new concept to a proven facility
Reason for Selling:
new ventures

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David Marlin

Business Listed By:
David Marlin

Marlin Group

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