Cocktail Bar / Restaurant Franchise

Portland, OR (Multnomah County)

https://www.julesbianchi.com/PICNIC-HOUSE/PicnicPDX-interiors-/n-LxDMHw/
Contact Seller

Asking Price: $190,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $5,910 /Month

Established: 2018

Cocktail Bar / Restaurant Franchise

Save Print Share Valuation Report

Business Description

Cocktail Bar / Restaurant / Event Space Franchise Opportunity

We are an established restaurant group that has just designed and built out our 3rd concept in the Popular SW Portland, NW 23rd District. We would be

We are exploring the idea of selling this location as our first franchise to allow us more time to build the brand, and push the creativity within the group. Ideal partner(s) would be working the space maybe an up and coming bartender/chef with an entrepreneurial spirit. You will be benefiting under the umbrella of our restaurant group which includes a developed reputation & opportunities, support with building marketing & revenue strategies. Incredible staff, great healthcare options, business liability insurance, and ultimately an opportunity to walk into your business bringing in revenue from day one. This space is ideal for private events, craft cocktails, building a catering program and unique food that compliments the cocktail & event experience.

Check out pictures of the Picnic on 23rd space available at link:
https://www.julesbianchi.com/PICNIC-HOUSE/PicnicPDX-interiors-/n-LxDMHw/

Our restaurant group is www.Picnichousepdx.com
Instagram:
@barlowpdx
@picnichousepdx
@picnic23
@lastmealseries

We are willing to sublease the 1970/sqft space $36 sqft + NNN to financially qualified candidates. We have 7 years lease with first option for 5 year renewal. [Average price per square feet on NW 23 is from $45+NNN because of prestigious neighborhood, huge growth and current development investment.]

To consider: Building out a space in Portland is a nightmare these days...from navigating the cities permits, the OLCC, construction companies credibility and availability plus the months it takes to make things happen, even with Tennant Improvements the minimum it takes to build a concept of this size and quality is averaging $250 - $300+ per square foot.

Our group is driven by creative growth in the Restaurant/Cocktail scene. We are looking for partners that are excited about creating products that focus on the experience of our guests artistically as well as economically sound through the food and drinks, events and more.

Detailed Information

Location:
Portland, OR
Real Estate:
Leased
Building SF:
1,970
Lease Expiration:
N/A
Employees:
5
Business Website:
http://www.picnichousepdx.com
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Business Listed By:
Aaron Grimmer

Show Phone Number

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1626758 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Bonchon

Franchise Opportunity
Cash Required: 350000