Ideal Restaurant facility and location – Urban Portland Restaurant and Bar w/expansive outdoor seating
Portland, ORPrice: $350,000
Broker(s): David P. Marlin
| $1,900,000/year | |
| Contact for Info | |
| $6,450/month | |
| 2,265 |
Description:
OPERATION This popular bar/restaurant was built and established in 2016. Currently a cool ethnic operation with a festive outdoor patio. The space seats 100 comfortably, plus the patio, and could nicely accommodate a wide variety of concepts. The facility has a Full-On-Premises OLCC license.
FACILITY Corner location, featuring a beautifully designed and appointed modern dining room & bar, excellent lighting, inviting bar, and a fully equipped state of the art kitchen. The business occupies a 2265 rentable sq ft. plus patio. The lease rate is currently being offered for approx $6,500/mo. (NNN – approx. 3k).
FINANCIAL Annual Revenues for 2023 were approx. $1.9mm. Revenue potential for a thriving concept is very high.
MOTIVATION Owners have other priorities. Business is “coasting”. Note that the concept and branded items are not being sold.
General Information
| LLC | |
| 2016 | |
| 2016 | |
| Contact for Info | |
| 85 | |
| 2,265 | |
| Street & lots | |
| OLCC full; Business; Health | |
| Contact for Info | |
| Other business priorities |
Financial Information
| $1,900,000/year | |
| Contact for Info | |
| Contact for Info | |
| Contact for Info | |
| Contact for Info | |
| Contact for Info |
Lease Information
| $6,450/month | |
| Contact for Info | |
| Not Available | |
| Contact for Info | |
| Not Available | |
| 3000 |
Financing Information
| Contact for Info | |
| Contact for Info | |
| Contact for Info | |
| Contact for Info |
Confidential Disclosure Agreement