Profitable Multi Location Seafood Restaurant Opportunity

Asking Price$500,000

Cash Flow
$234,000

EBITDA$150,000

Gross Revenue$1,200,000

Inventory$5,000
Included in asking price
FF&E$75,000
Included in asking price
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Profitable Multi Location Seafood Restaurant Opportunity


Asking Price$500,000

Cash Flow
$234,000

EBITDA$150,000

Gross Revenue$1,200,000

Inventory$5,000
Included in asking price
FF&E$75,000
Included in asking price
Business Description
We are a local seafood chain with two locations. One brick and mortar in prime location in downtown Portland at the flock food hall inside the Ritz Carlton. The other is in the biggest food cart pod in the state of Washington at the Oak Tree Station Food Cart Pod. We are the only concept in the region that serves Seafood Pan Roast! We offer other traditional seafood dishes such as fish and chips, seafood rolls, clam chowder, pastas, and more!
About the Business
Years in Operation
1
Employees
11 (8 Full-time, 3 Part-time)
Facilities & Assets
All equipment at both locations, plus entire food cart which is completely paid off in full. Both businesses are in full operation with minimal support needed from owner.
Website
https://www.panroastpnw.com/
Market Outlook / Competition
We are currently the only place in the region that is serving are signature dish. Very minimal offering for lobster rolls in the area as well. Fish and chips, clam chowder is fairly competitive around the region.
Opportunities for Growth
There is a lot of opportunity for expansion for our concept. It is highly sought out as owner is being reached out by numerous landlords to start concept in food cart pods, and brick and mortar locations.
Real Estate
Owned or Leased
Leased
Lease Expiration
10/28/2033
About the Sale
Seller Motivation
Have another business that I want to shift my focus back to.
Transition Support
Current Owner will offer full training for 30 days if needed.
Listing Info
ID
2432956
Listing Views
43
Business Location

Contact Seller

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Business Listed by: Ryan Moy

Listing ID: 2432956 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.


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