Profitable Restaurant Business Opportunity!
Business Description
This popular family restaurant has been a favorite for locals and visitors since 2015! The well designed layout and charming atmosphere invites all to relax and enjoy chef prepared meals with family and friends. Patty's Off Center Cafe has been featured in "That Oregon Life" publication as 'The Classic Diner In Oregon Where Locals Catch Up
Over A Hearty Breakfast' and has also received stellar online reviews! Located in the heart of Salem, Patty's Cafe' is close to a thriving business center including the State Capitol and Fairgrounds.
Over A Hearty Breakfast' and has also received stellar online reviews! Located in the heart of Salem, Patty's Cafe' is close to a thriving business center including the State Capitol and Fairgrounds.
About the Business
- Years in Operation
- 10
- Facilities & Assets
- All decorations, equipment, fixtures and inventory are included in the sale. The commercial kitchen and dining area is approximately 950 sq ft and a separate storage room is approximately 255 sq ft( Total 1,205 sq ft). A new, modified gross lease will need to be established at $1,500.00 per month ($1.24 per sf). The landlord is flexible on lease terms and extension options. The new business owner will be responsible for insurance, electric/gas and internet.
- Market Outlook / Competition
- The market outlook for established family restaurants is positive, with projections indicating continued growth due to resilient consumer demand for dining experiences. Success will depend on a focus on quality food, customer experience, and operational efficiency, with recent data showing that local and independent restaurants are rebounding faster than chains.
- Opportunities for Growth
- The U.S. full-service restaurant sector is projected to grow from an estimated $360.9 billion in 2025 to $617.4 billion by 2030, with a compound annual growth rate (CAGR) of 11.33%.
About the Sale
- Seller Motivation
- The owner is retiring.
- Transition Support
- The owner will assist with all aspects of operations training and the majority of the staff will remain, ensuring a seamless transition.
Listing Info
- ID
- 2428354
- Listing Views
- 84
Business Location
Listing ID: 2428354 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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