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Westside American Bistro and Wine/Martini Bar

Lake Oswego, Oregon (Washington County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $300,000 Inventory  
Gross Income $50,000 mo Real Estate  
Cash Flow Not Disclosed Year Established 2
FF&E N/A Employees 12-15

* included in the asking price

** not included in the asking price

Seller is highly motivated. High profile Major Mall in busy west Portland suburb. This restaurant is strategically located in a prime shopping area adjacent to Cineplex theatres, major retailers and other restaurants surrounded by upper income residential communities. OPERATION This acclaimed restaurant is currently serving lunch, dinner and bar. Originally designed to cater to moviegoers, the concept is now built around a demand, primarily for shoppers and moviegoers, as well as destination customers to have good food, beverage and atmosphere at moderate prices. The service is bistro style, with table or bar seating. The business is currently absentee owned and would be better served to have an owner operator or possibly a chain ownership. The business has been in operation for approximately 1 1/2 years.

Facilities: Professionally designed, the kitchen is compact and very well equipped to easily accommodate increased revenues. The dining room surrounding the stylish bar is attractive with seats for around 50-60. The setting is warm and conducive to repeat clientele. The total square footage is approximately 1,761 (plus outdoor sidewalk seating in season). The lease rate is currently approximately $5,870/mo. (NNN - $1,600/mo). Rental rates are at the top of the market in this area due to the high customer counts and high dollar amounts spent in this mall.

Competition: Best upscale mall in the Portland Metro area with movie goers and shoppers at your door.

Financing: Accepting offers

Reason Selling: Owners are absentee

AD # 379447

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