Established Neighborhood Restaurant with Real Property

Asking Price$1,350,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$35,000
Not included in asking price
FF&E$100,000
Included in asking price
Real Estate$1,150,000
Included in asking price
listing imageSave

Established Neighborhood Restaurant with Real Property


Asking Price$1,350,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$35,000
Not included in asking price
FF&E$100,000
Included in asking price
Real Estate$1,150,000
Included in asking price
Business Description
ESTABLISHED NEIGHBORHOOD RESTAURANT WITH REAL PROPERTY

This thriving American restaurant represents an exceptional opportunity to acquire a well-established neighborhood destination with real estate included. Operating successfully since 2009, this family-friendly establishment has built a loyal customer base and maintains an outstanding 4.5-star rating with over 950 Google reviews.

BUSINESS OVERVIEW:
Located in Portland, Oregon, this full-service restaurant serves as the only true sit-down dining establishment in its immediate area, making it a genuine neighborhood hub. The business generates $1,100,000 in annual revenue while maintaining an excellent reputation built over 15 years of consistent operation.

KEY FEATURES:
• Complete real estate ownership included (2,550 sq ft building valued at $1,150,000)
• Established clientele with veteran staff providing operational stability
• All food prepared from scratch, ensuring quality and customer satisfaction
• Comprehensive beverage program featuring craft beer menu and cocktails
• Relaxed, family-friendly atmosphere
• Strong online presence with exceptional customer reviews

FINANCIALS:
• Annual Revenue: $1,100,000
• FF&E Value: $100,000
• Inventory Value: $35,000
• Real Estate Value: $1,150,000 (included in sale)

GROWTH OPPORTUNITIES:
Significant expansion potential exists through extended operating hours (currently closes at 10 PM), lottery implementation, and reintroduction of delivery services. The current owner deliberately discontinued delivery partnerships to maintain food quality standards, presenting an immediate revenue opportunity for new ownership.

COMPETITIVE ADVANTAGE:
As the sole full-menu, full-service restaurant in its immediate market area, this establishment enjoys a unique competitive position with minimal direct competition.

OWNER SUPPORT:
Seller offers two weeks of on-site training and transition support to ensure smooth ownership transfer.

This turnkey opportunity combines real estate ownership with a profitable, established restaurant operation in Portland's competitive dining market. The retiring owner has built a sustainable business model with loyal customers, experienced staff, and proven financial performance.

Ideal for experienced restaurateurs or investors seeking a complete restaurant package with real estate in Portland's thriving food scene.
About the Business
Years in Operation
16
Employees
18 (3 Full-time, 15 Part-time)
Facilities & Assets
Full bar, 20 taps, walk in cooler, Commercial hood with Fire Suppression, 5 fridges, 1 freezer, 2 pizza prep fridges, 2 back bar fridges, flat top, commercial smoker, 2 fryers (4 baskets total), commercial convection oven, commercial gas range. AC + mini split for prep areas. Outdoor patio seats about 40...indoor seats about 75. Adjacent lot and building also available which can seat 50 more under a commercial tent.
Market Outlook / Competition
Only true sit down full menu, full service restaurant in the immediate area. A true hub for the local neighborhood.
Opportunities for Growth
Currently open till 10 pm... could stay open later and /or bring in Lottery. We did not like dealing with delivery services and cut them all off. We took a hit on gross sales, but we do not like that our food can sit for who knows how long before being delivered. Easy money to bring this back if you so desire.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,550
About the Sale
Seller Motivation
Retiring from industry
Transition Support
2 weeks on site if needed/wanted
Listing Info
ID
2418830
Listing Views

Contact Seller

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

Business Listed by: Sol Sallos

Listing ID: 2418830 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.


Similar Listings