Profitable Bistro in Excellent SE Portland Location

Portland, OR (Multnomah County)

Profitable Bistro in Excellent SE Portland Location
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Asking Price: Get Financing: $185,000

Cash Flow: $95,521

Gross Revenue: $473,721

EBITDA: N/A

FF&E: $24,994

Inventory: $1,200

Lease Rate: $2,431 /Month

Established: 2001

Profitable Bistro in Excellent SE Portland Location

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Business Description

“Consistent” is the best word to describe this restaurant. Especially in terms of its profitability, high customer satisfaction, quality food and service as well as having an excellent location. Combined, these ingredients make this business an excellent choice for any restauranteur. The kitchen is compact but efficient with everything you need including a hood. The atmosphere is cozy and inviting with sidewalk dining, an outdoor covered, heated patio and additional space for potential patio expansion. Business is equipped with excellent manager and staff, owners currently absentee. Keep this concept that has consistently performed well or bring your own. Sale includes 2 weeks of training by the owner.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
12/31/2020
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Excellent high traffic location main dining area, compact kitchen with hood, covered outdoor heated patio and sidewalk dining. This popular established restaurant, in business over 17 years has become a favorite Portland destination for their unique cuisine and a favorite weekend brunch experience. The owners have enjoyed this restaurant but are ready to hand over the keys and start enjoying retirement.
Competition:
The unique cuisine and atmosphere and service make this restaurant stand out to create a memorable dining experience. Excellent location on popular street with high foot and drive traffic among shops and restaurants.
Growth & Expansion:
The addition of early morning breakfast during weekdays is a potential option to expand business.
Support & Training:
2 weeks
Reason for Selling:
retiring
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Daren Bucklin

Business Listed By:
Daren Bucklin

Transworld Business Advisors of East Portland

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