Super Stable Income - Easy to Operate

Portland, OR (Multnomah County)

Super Stable Income - Easy to Operate

Asking Price:$540,000

Cash Flow:$179,301

Gross Revenue:$1,388,781

EBITDA:N/A

FF&E:$250,000

Inventory:$29,000*

Lease Rate/Sq. Ft.:$23.74

Established:1994

*not included in asking price.

Super Stable Income - Easy to Operate

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Business Description

Stable financials: 20 year track record of success indicates real stability.

Stable employees: Very high proportion of longterm employees that maintain every aspect of the business - to the point wherein the owner travel abroad for weeks at a time and has other another career - further indicates stability.

Stable Lease: Good longterm relationship with Landlord.

Strong name recognition: Indicates a very good position in the market - NOT this years model.

CONFIDENTIAL

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,780
Lease Expiration:
2/1/2024
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Creative and fun dining room and bar with a popular outdoor deck and fire pit. The motor of the business is a strong kitchen that features two class A hoods and an equipment package that easily accommodates both off site and on site operations.
Competition:
Very strong name recognition creates real opportunities to grow. The restaurant market is crowded, going into it with a strong history and following is smart.
Growth & Expansion:
Enormous upside in restaurant and catering/events. The brand has a proven track record of success.
Financing:
(SBA Financing Available)
Support & Training:
Strong transitional support as well as training included.
Reason for Selling:
The owner is a youthful spirit but he is in his 70's. It is time.

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Dean Vacheresse (vash-er-es)

Business Listed By:
Dean Vacheresse (vash-er-es)

Dean Vacheresse Brokerage

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