Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$135,000	Inventory
Gross Income	$700,000	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

LOCATION: 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. Heavy foot traffic. OPERATION: This order at the counter restaurant is currently serving lunch, dinner with an OLCC license to serve hard alcohol. Designed as a Mediterranean style quick food restaurant catering to shoppers and moviegoers, as well as destination customers to have good food, beverage and atmosphere at moderate prices, the best success will be with small plates or grazing style offerings. This would be a great Mediterranean, Mexican, or any other style of food that is not already at the mall. MANAGEMENT: 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 2 1/2 years. ASKING PRICE: $135,000 plus inventory at seller s cost. Seller is highly motivated.

Facilities: Professionally designed, the open display kitchen is compact and well equipped for increased revenues. The dining room surrounding the stylish bar is attractive, seating 50-60. The setting is warm and conducive to repeat clientele. The total square footage is approximately 2,050 (plus outdoor sidewalk seating in season). The lease rate is currently approximately $8,167/mo. (NNN approx $2,000/mo). Rental rates are at the top of the market in this area due to the high customer counts and dollar amounts spent in this mall.

Competition: In great mall with captive audience

Growth/Expansion: Expand or change food offering. Little expense needed on the facility.

Reason Selling: Owners are absentee and in other industries.