Fast Growing Café Bakery and Catering

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Asking Price:
$244,999

Gross Revenue:
$531,472
Cash Flow:
$155,405
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$73,345
included in asking price

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Business Description

Very popular, lucrative, and spacious café and bakery in a high traffic high end location. Includes a new build out only 2 years old, all equipment, furnishings, fixtures, and décor are very modern. High ceilings, abundant natural lighting, seating for 40+. Full menu for breakfast and lunch with wide variety of fresh baked goods made from scratch in house and wide selection of fresh brewed specialty coffee drinks. Large, well equipped kitchen with walk-in cooler and hood allows for diverse menu and space to serve a busy restaurant and a growing catering business with established corporate accounts. Fabulous opportunity to get into a high demand location without building new. Easily adaptable to other fast casual dinning options.

About the Business

Location:
Washington County, Oregon
Year Established:
2014
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
2,050
Rent:
$5,100.00 Per Month
Facilities:
In business over 4 years with investment in build out and re-location of business to current location about 2 years ago. Sales showing steady and strong month over month growth. Owner selling location to consolidate businesses with partner and decrease work responsibilities.
Fully equipped kitchen with hood
Market Outlook/
Competition:
High Traffic location with easy access to I-5. Less than a mile from a popular high-end Bridgeport shopping mall that has several fast casual dining options. Less than 2 miles away from 3 of the Portland Metro Areas most affluent neighborhoods. Good lease terms, like new equipment, excellent customer reviews and reputation for delicious food. Well trained customer oriented staff.
Growth & Expansion:
Location has been open for 2 years and has shown consistent growth in month over month sales. Opportunity for restaurant is expanded hours, dinner menu, and adding alcohol sales to menu. There is capacity for more catering service and contracts.
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About the Sale

Reason For Selling:
other interests
Training/Support:
2 weeks

Listing Info

ID:
1636974
Ad Detail Views:
0

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Business Listed by

Michael Morrissey

Transworld Business Advisors of East Portland
License# 201224414

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Sponsoring Broker:

Daren Bucklin
Transworld Business Advisors of East Portland
License# 201220285


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