Retail - Restaurants | Retail - Bars/Taverns

Asking Price	$135,000	Inventory	$5,000**
Gross Income	$278,000	Real Estate
Cash Flow	$40,000	Year Established	2000
FF&E	$100,000*	Employees	6

* included in the asking price

** not included in the asking price

Very low rent, no personal guaruntee of the lease, a prime restaurant location, plus cash flow make this an attractive offering. This Cafe has an established reputation and loyal customer base. The owner continues to focus on local organic products. The operation has a Full On-Premise OLCC license and is currently open for dinner every night. The addition of breakfast and lunch are clear opportunities to increase sales. Other neighborhood cafes thrive on breakfast trade.

Facilities: Interesting architectural facility and a low lease rate make this an outstanding facility. The rent is $1494.22.per month NNN. The current term extends through September 30th, 2010. A long rounded storefront allows window seating to almost all customers with a bar/counter seating area in the center of the restaurant. The kitchen is well equipped but efficient and centrally located. The restaurant occupies 1630 square feet but outdoor seating could add 30 seats. Limited off-street parking behind the facility.

Competition: Many of Portland's great restaurants, bars, cafe's and coffee shops are located in this neighborhood within blocks of this location, both above and below this location.

Growth/Expansion: Currently the operation serves dinner only. This is a great inner eastside breakfast and lunch location. Expanding into breakfast and lunch are obvious opportunities.

Financing: Prefer Cash

Support/Training: Owner will train as much as needed.

Reason Selling: Tired.