Retail - Other Eating & Drinking Places | Retail - Restaurants

Asking Price	$125,000	Inventory
Gross Income	$300,000	Real Estate
Cash Flow	$60,000	Year Established	2004
FF&E	N/A	Employees	5 pt

* included in the asking price

** not included in the asking price

Great business for sale

Breakfast/Lunch - Revenues are up 25% in 2008 and 20% in 2007. LOCATION: Downtown NW Portland on new light rail line. There is street & lot parking in the immediate area. Rapid development continues in the area and when the new light rail line (to Clackamas) opens it should have a dramatic positive impact on business. OPERATION: A thriving lunchtime operation serving sandwiches, salads, burgers, specials and a simple breakfast menu. The customer base consists of customers and employees of the nearby downtown neighboring businesses. The atmosphere is casual and inviting seating 40, lots of take out, delivery and catering to offices nearby. Few employees. On weekends they serve late night breakfast. The facility has a Beer/Wine On-Premises OLCC license. There is popular sidewalk seating out front (seats up top 12). Open six days, hours of operation are Mon-Thurs 7AM-7PM, Thurs 7AM-10PM, Fri 7AM-close, Sat 12PM-close.

Facilities: Situated in an attractive store front in mid-block, with a great sign, the business has a newly built, efficient, kitchen and a spacious dining room. The total square footage is approximately 1,540. The lease rate is currently $1,732/mo (including NNN costs). The lease term goes through Dec. 09 with and option to renew for an additional five-year period.

Competition: Immediate area is center of growing downtown development. New light rail opens up a new customer base.

Reason Selling: Seller wants a full service dinner house.