Profitable SE Sandwich Shop and Bar

Multnomah County, OR

Seller Financing Available
Profitable SE Sandwich Shop and Bar
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Asking Price: $325,000

Cash Flow: $165,189

Gross Revenue: $865,261

EBITDA: N/A

FF&E: $71,055

Inventory: $6,500

Rent: $4,220 /Month

Established: 2013

Profitable SE Sandwich Shop and Bar

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Business Description

Awesome Concept with Turn-Key Profits

This specialty sandwich shop located in an excellent, busy SE neighborhood has built an excellent brand around their unique recipes and tasty sandwiches combined with an attractive environment and great service. This business concept is tailored around customers seeking quality food late into the night time hours until 3:00 am 7 days a week. They provide a fast-casual environment with delivery, pick up or dine in options. A full bar with eat in dining space and sidewalk seating is also available. Recognized multiple times by several popular Portland publications for being one of the best sandwich establishments, this business has an excellent brand with growth potential.

Detailed Information

Location:
Multnomah County, OR
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
6/30/2019
Employees:
21
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full Kitchen, Bar, Indoor dining space accommodates 45 inside, outdoor sidewalk dining tables also available - started as sandwich shop with counter service expanded to adjacent space adding bar, tables, booths and entertainment space to accommodate local bands. Located on busy street with high volume of foot traffic. In 2013 the owners identified the lack of great late-night food venues other than the traditional options and very little that delivered late night. This need combined with the desire to invent and serve delicious, creative sandwiches with only the finest ingredients inspired the opening of this business and the creation of the brand around it. In 2015 the shop acquired the adjacent space and expanded from a pick up and delivery sandwich shop to providing a bar and music venue. The owners are entrepreneurs who have taken this business to a point they are proud of and want to free up their time to experience other career endeavors. They are selling this awesome opportunity and seeking a buyer interested in continuing to expand on the brand.
Competition:
The combination of its location, delicious unique sandwiches, bar, venue and service make this a special place, different than other sandwich shops in the area. This is one of the few quality sandwich shops that caters deliciousness to the late-night crowd, including late night delivery service.
Growth & Expansion:
This establishment has demonstrated consistent growth in year over year sales and profitability. Additional opportunity exists to expand operating hours to also serve lunch and breakfast as well as implement a strategy to grow the catering aspect of this business. The owners have done an excellent job branding and given its popularity, unique recipes and profitability, this business model has the attributes needed for potential franchising.
Financing:
50000.00
Support & Training:
1 week
Reason for Selling:
Pursing other career interests
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Anthony Wright

Business Listed By:
Anthony Wright

Transworld Business Advisors of East Portland

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Sponsoring Broker:
Daren Bucklin

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