Portland Casual Dining

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$135,000	Inventory	$10,000**
Gross Income	$425,000	Real Estate	$450,000**
Cash Flow	$75,000	Year Established	2004
FF&E	$50,000*	Employees	12 pt

* included in the asking price

** not included in the asking price

This popular neighborhood restaurant has an excellent reputation and loyal customer traffic that provide steady revenue year round. The full lunch and dinner menus encompass casual fine dining with more eclectic items and a limited beer and wine selection. The real estate is also available for acquisition.

Facilities: The real estate can be included in the purchase and includes rental or owner apartment(s). The 3,000 SF building is very attractive. The acquisition price of the real estate is $450,000.

Competition: Limited competition with prohibitive zoning, brand recognition and excellent location make this a unique business.

Growth/Expansion: There is an opportunity to expand the space physically and to add full liquor to the current beer and wine selection.

Financing: Seller/Bank $75K on Biz. Bank $315K on R.E. Working Capital $15K. Inventory $10k

Support/Training: Seller will provide transition training and consulting.

Reason Selling: Seller has other business interests.