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PRICE REDUCED!!! Pizza & Bar - Busy NW Portland area

Portland, OR (Multnomah County)

PRICE REDUCED!!! Pizza & Bar - Busy NW Portland area
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Asking Price: $198,500

Cash Flow: $85,000

Gross Revenue: $725,000

EBITDA: $85,000

FF&E: $65,000

Inventory: $12,000*

Rent: $1.58 /Month

Established: 2005

*not included in asking price.

PRICE REDUCED!!! Pizza & Bar - Busy NW Portland area

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Business Description

This is a very profitable and stable pizza/bar that could have lottery added. It already does 725k a year in sales, and nets 85k. Lottery could easily add another 50k to the net.

Detailed Information

Location:
Portland, OR
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,900
Lease Expiration:
11/15/2019
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Remodeled and upgraded 4 years ago. New HVAC, and other equipment.
Competition:
High density, mixed retail.
Growth & Expansion:
Huge opportunity for delivery and catering. This is a franchise.
Financing:
Landlord will offer a new lease to new operator
Support & Training:
Training included in price
Reason for Selling:
Owner has another business that is very profitable, and doesn't have any time to
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Richard Arthur

Business Listed By:
Richard Arthur

Oregon Restaurant Realty

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