Award Winning Italian Restaurant in Excellent Location

Contact Seller
Asking Price:
$299,000

Gross Revenue:
$697,029
Cash Flow:
$190,490
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,500
not included in asking price

FF&E:
$33,267
included in asking price

Share this business:

Business Description

This restaurant meets all the criteria a serious restaurant buyer is looking for including location, longevity, growing profit margins, professional staff, favorable lease, reputation for quality and service, well equipped kitchen, fresh, farm to table concept in cozy, casual atmosphere, various dining options with capacity of over 125 including full-service bar, outdoor dining and new addition. All of which can be used for private functions. Parking lot with very ample parking, on-site garden space. Seller also has a large wine collection they are willing to sell a portion with the restaurant to interested buyers. The wine is not included in list price.

About the Business

Year Established:
1990
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
4,255
Lease Amount/Mo.:
$4,000.00
Facilities:
Restaurant has been in business over 26 years, current owner is retiring and has poised this restaurant to sell to the right buyer. Loyal customer base with excellent reputation. Perfect timing for experienced manager to assume operations. Ideal for a couple or 2 business partners who will be involved in day to day management.
Market Outlook/
Competition:
Popular highly rated well established, award winning restaurant with excellent brand, located in high traffic, desirable area with growing demographics near other restaurants and shops. Experienced chef and staff
Growth & Expansion:
New addition completed this past year doubling capacity. This expansion combined with planned community development currently underway within walking distance of restaurant provides significant growth potential.
Contact the Seller

About the Sale

Reason For Selling:
retiring
Training/Support:
4 weeks

Listing Info

ID:
1405179
Ad Detail Views:
369

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Daren Bucklin

Transworld Business Advisors of East Portland - 201220285

 Show Phone Number

View My 20 Active Listings
U.S. Census Data for Clackamas, Multnomah and Washington Counties, OR
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Clackamas, Multnomah and Washington Counties, OR
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
;