Rare Opportunity - Restaurant & Real Prop in PDX

Portland, OR (Multnomah County)

Rare Opportunity - Restaurant & Real Prop in PDX
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Asking Price: $150,000

Cash Flow: $125,000

Gross Revenue: $900,000

EBITDA: $125,000

FF&E: $150,000

Inventory: N/A

Rent: $5,789.96 /Month

Established: 2009

Rare Opportunity - Restaurant & Real Prop in PDX

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Business Description

This is a highly confidential sale and a rare opportunity to acquire a restaurant that can comfortably digest the mortgage on this freestanding building in an absolutely prime corner location.

The name and concept are not included but the track record of success demonstrates a clear direction. Seller will help transition, licensing, staff, and equipment is all in place and can be transitioned.

The operator is very successful and is repositioning the brand. This location is available for 1/3 of the investment. Amazingly the landlord will let go of the building for a 6% cap rate.

The restaurant can be acquired for $150,000 and leased. Or the building can be acquired from the Landlord. VERY RARE.

Three parking spaces available in small parking lot for order pickup to bolster off premise sales.

The restaurant now serves casual healthful fare and is beautifully remodeled with an open feel and wood finishes.

For Details contact:
Dean Vacheresse
503-830-3963

Detailed Information

Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
12/1/2025
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2200 Sq Ft. Freestanding corner restaurant building with THREE PARKING PLACES. Approximately 75 seats, bar, outdoor seating. New HVAC, new windows, new finishes, new walk-in, new Water Heater. The facility is in impeccable shape.
Competition:
The brand confirms the markets endless demand for consciousness in food and the financial viability of doing so.
Support & Training:
Negotiable
Reason for Selling:
Internal stock sale and brand reposition
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Contact the Seller

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Dean Vacheresse (vash-er-es)

Business Listed By:
Dean Vacheresse

Dean Vacheresse Brokerage

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