Cool Little Cafe - Rent only $2400/mo

Asking Price$145,000

Cash Flow
$36,115
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$258,681

InventoryNot Disclosed

FF&E$145,000
Included in asking price
Cool Cafe Save

Cool Little Cafe - Rent only $2400/mo


Asking Price$145,000

Cash Flow
$36,115
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$258,681

InventoryNot Disclosed

FF&E$145,000
Included in asking price
Business Description
Small Cafe - Decades of history - Rent $2400/mo!
This very cool little Café that has operated since 1998 and is a well-established inner SE neighborhood.  The café remains a staple of this inner east side neighborhood. Known for its cozy ambiance, scratch-made Asian street food, and approachable menu.

The restaurant has cultivated a reputation and a following, known for friendly service, fresh ingredients, and balanced favors. The menu includes simple asian fare, although the owners are not asian, they create simple dishes such as dumplings, noodle bowls, and curries served five nights a week until 8:30. Hours are very limited currently as the owners are extremely busy with a non-profit project.  Hours are limited to 4:30-8pm five days a week.  Happily the rent is so affordable it still makes money, but expanding hours, which is always ask for by customers, would no doubt have a positive impact on sales and earnings.
About the Business
Years in Operation
27
Facilities & Assets
Small cafe with hood and all mechanicals for a restaurant. The restaurant also has an outdoor seating area in front of the restaurant permitted by the City of Portland.
Market Outlook / Competition
This is in a great neighborhood with strong foot traffic and other restaurants and retail. It is a uniquely situated restaurant that is respected by the Landlord for its longevity and consistency.
Opportunities for Growth
The Cafe is currently only open for 20 hours a week. The demand to open for lunch and expanded dinner service is clear and that simple addition would clearly bring additional sales and earnings.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
928
Rent
$2,400.00 per month
Lease Expiration
1/1/2030
About the Sale
Seller Motivation
Owners have operated since 1998 and supported their family - they began a non-p
Transition Support
As needed, up to two weeks.
Listing Info
ID
2440282
Listing Views
83

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Dean Vacheresse Dean Vacheresse Brokerage

Listing ID: 2440282 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 of Use. Learn how to avoid scams.