Asking Price: $79,999 Gross Revenue: $377,109Cash Flow: $28,467 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: $57,321 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
RED HOT location in downtown Portland, right next to Providence Park Stadium. This unique Burger and Fries concept has been feeding locals and sports fans for years using a natural and sustainable green process that involves sourcing all natural, organic, and local products. A neighborhood favorite for residents, commuters, and sports fans alike, this spot gets extra busy during soccer season with Timber's and Thorns Fans. Buyer has option to continue with successful franchise brand or change to a privately-owned restaurant (landlord approval needed), This is an excellent opportunity to secure a heavy foot traffic and exclusive restaurant location in the Portland market. Excellent full kitchen, completely remodeled with new equipment and fixtures, for efficient service with a fast-casual dining concept. Attractive, indoor space with street views and plenty of outdoor dining space.
About the Business
Multnomah County, Oregon
Number of Employees:
Building Sq. Ft.:
$2,981.03 Per Month
Street Facing Commercial space in ground floor of Condominium Building in Downtown Portland
A growing Pacific Northwest Franchise, this location is the first in Portland, OR. Opened in 2014, it has become a go to spot for hungry passersby and loyal customers seeking a unique and healthy variety of Burgers and French Fries. The restaurant is heavily sought, with average monthly google searches of approximately 500 and achieving an impressive 4/5-star rating with 182 Yelp reviews to-date.
This restaurant is located among a variety of dining options in a busy downtown Portland neighborhood on one of the main arteries in and out of downtown. The surrounding eateries and boutique shops complement the restaurant, including the many residential condominiums in the vicinity. Major League Soccer season sees an influx of new and returning customers every year.
Growth & Expansion:
The location is PRIME. With very little money currently spent on advertising and promotions, a healthy advertising expansion could see a big return in customer growth. The venue currently serves beer, but given its proximity to Timber’s stadium, expanding to a full bar could also significantly boost profits and customer flow. With the expansion of Providence Park nearly complete, the foot traffic could explode by thousands of hungry and thirsty sports fans on a weekly basis.
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