| Asking Price |
$175,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$560,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2006 |
| FF&E |
N/A | Employees | N/A |
* included in the asking price
** not included in the asking price
Central location in Portland s Pearl district, where the community meets. High volume foot traffic among residents, offices and retail. OPERATION: Currently operating as a simple coffee/pastry/lite lunch service, the business has been established for over two years. With the spacious and stylish interior and in the park sidewalk caf seating, the business has become a popular go to spot for Pearl inhabitants. The out of state ownership is more comfortable with the less complex operation because they cannot be on site. The business is a meeting place for commuters in the morning, business meetings throughout the day and families when school is out. MANAGEMENT The business is currently absentee owned and would be better served to have an owner operator. The cafe has been in operation since summer of 2006.
Facilities: The facility is built beautifully to fit with the Pearl ambiance. Call it hip. Professionally designed, the dining room is roomy with cush seating and a side kids room . The kitchen is compact and efficient. The floor plan includes approx 2,500 square feet, customer seating for 60, separate private meeting room, and two ADA restrooms. The lease rate is currently approximately $5,600/mo. (NNN - $1,300/mo). YOU MUST SEE TO APPRECIATE THE QUALITY.
Competition: #1 location in the Pearl. Could add additional food items to enhance revenues
Reason Selling: Absentee owners from So Cal

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