Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$75,000	Inventory
Gross Income	$119,000	Real Estate
Cash Flow	$32,000	Year Established	2004
FF&E	N/A	Employees	0

* included in the asking price

** not included in the asking price

LOCATION. Centrally located in a currently gentrifying district in the NE Portland area. Near a busy intersection, this business has commercial and residential re-development occurring all around it. Located in a free standing building with ample street parking and foot traffic, the business is located near a college, high school and other growing businesses. OPERATION. Offering a simple soup/salad/sandwich/espresso drink menu along with a delivery/catering service, this business is relatively easy to run. The customer base is students, college faculty, neighborhood and lots of employees from neighboring businesses. The hours of operation are currently 7:30AM-2PM closed Sunday. The two owners are able to work the business by themselves. The atmosphere is caf casual. MANAGEMENT. 100% owner operated by husband & wife no employees. FINANCIAL. Annual sales for the year of 2006 were approximately $119,000 with an owner s adjusted cash flow in excess of $35,000.

Facilities: The business occupies approx 1,000 sq ft with the rent currently at $750 per month through 2/09. There is seating for about 14 with an additional outdoor seating area in season. The equipment is simple, capable of producing a wide range of food items and in good condition.

Growth/Expansion: This section of town is gentrifying, good busioness is growing, and healthy businesses are moving into the area.

Support/Training: Sellers will provide a transition period

Reason Selling: On to new frontiers