Turnkey Mediterranean Restaurant in SE Division St Portland OR
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Huge Price Drop to Sell- Turnkey Mediterranean Restaurant
Turnkey Mediterranean Restaurant for Sale – Prime SE Division Corner Location
Asking Price: $140,000
This highly rated Mediterranean restaurant, successfully operating for the past two years, is now available for purchase at an exceptional value. Located at the high-visibility corner of SE Division St & SE 162nd Ave, the restaurant benefits from strong daily exposure and steady traffic, anchored by Plaid Pantry and just steps from Division Crossing Shopping Center.
Positioned in a freestanding building with excellent signage visibility, this location offers outstanding potential and long-term business growth opportunity.
Strong Existing Business Performance
• Monthly gross sales: $31,000 – $35,000
• Established customer base
• Proven location with repeat clientele
• Excellent online reputation and local recognition
• Successfully operating continuously for 2 years
Perfect opportunity for an owner-operator or concept conversion operator seeking immediate income potential.
Fully Remodeled & Equipped in 2022 – True Turnkey Operation
All equipment, fixtures, furniture, and installations were newly completed in 2022, eliminating the need for major upgrades or maintenance for many years.
Commercial kitchen includes:
• 16-foot Type 1 hood system
• Installed grease trap
• Modern prep and cooking equipment
• Updated interior finishes
• Dining furniture and service fixtures
• Flexible layout supporting multiple cuisine concepts
Suitable for:
Mediterranean • Middle Eastern • Korean • Sushi • American casual • Café • Fusion • Ghost kitchen hybrid
Why This Opportunity Stands Out
Prime Freestanding Corner Building
Maximum exposure with strong vehicle and pedestrian traffic
Recent Full Build-Out (2022)
Save an estimated $200,000 – $300,000+ in construction and installation costs
Plug-and-Play Restaurant Setup
Walk in and start operating immediately
Flexible Concept Potential
Kitchen infrastructure supports a wide variety of food concepts
Dense Residential & Commercial Trade Area
Strong surrounding neighborhood demographics with steady daily demand
Excellent Value at Only $140,000
Rare opportunity to acquire a nearly new restaurant build-out at a fraction of replacement cost
Ideal Buyer Profile
This opportunity is perfect for:
First-time restaurant owners
Experienced operators expanding locations
Owner-operators seeking income replacement
Franchise conversion operators
Catering or delivery-focused concepts
Asking Price: $140,000
This highly rated Mediterranean restaurant, successfully operating for the past two years, is now available for purchase at an exceptional value. Located at the high-visibility corner of SE Division St & SE 162nd Ave, the restaurant benefits from strong daily exposure and steady traffic, anchored by Plaid Pantry and just steps from Division Crossing Shopping Center.
Positioned in a freestanding building with excellent signage visibility, this location offers outstanding potential and long-term business growth opportunity.
Strong Existing Business Performance
• Monthly gross sales: $31,000 – $35,000
• Established customer base
• Proven location with repeat clientele
• Excellent online reputation and local recognition
• Successfully operating continuously for 2 years
Perfect opportunity for an owner-operator or concept conversion operator seeking immediate income potential.
Fully Remodeled & Equipped in 2022 – True Turnkey Operation
All equipment, fixtures, furniture, and installations were newly completed in 2022, eliminating the need for major upgrades or maintenance for many years.
Commercial kitchen includes:
• 16-foot Type 1 hood system
• Installed grease trap
• Modern prep and cooking equipment
• Updated interior finishes
• Dining furniture and service fixtures
• Flexible layout supporting multiple cuisine concepts
Suitable for:
Mediterranean • Middle Eastern • Korean • Sushi • American casual • Café • Fusion • Ghost kitchen hybrid
Why This Opportunity Stands Out
Prime Freestanding Corner Building
Maximum exposure with strong vehicle and pedestrian traffic
Recent Full Build-Out (2022)
Save an estimated $200,000 – $300,000+ in construction and installation costs
Plug-and-Play Restaurant Setup
Walk in and start operating immediately
Flexible Concept Potential
Kitchen infrastructure supports a wide variety of food concepts
Dense Residential & Commercial Trade Area
Strong surrounding neighborhood demographics with steady daily demand
Excellent Value at Only $140,000
Rare opportunity to acquire a nearly new restaurant build-out at a fraction of replacement cost
Ideal Buyer Profile
This opportunity is perfect for:
First-time restaurant owners
Experienced operators expanding locations
Owner-operators seeking income replacement
Franchise conversion operators
Catering or delivery-focused concepts
About the Business
- Years in Operation
- 4
- Employees
- 2
- Facilities & Assets
- This highly visible, freestanding building is located at the prime corner of SE Division & SE 162nd Ave, anchored by Plaid Pantry. A turnkey business opportunity, this restaurant comes with brand-new equipment, furniture, and a grease trap, all installed in 2021. Why This is a Great Opportunity?High-Traffic Corner Location – Maximum visibility & customer flow, Freestanding Building with Plenty of parkings, Fully Equipped & Ready to Operate – Save on startup costs!? New Grease Trap & Equipment – No major upgrades needed? Tremendous Growth Potential
- Market Outlook / Competition
- There are many differant types of restaurants, but not Mediterranean food in the area.
- Opportunities for Growth
- 16-foot Type 1 Hood System – Ideal for high-heat cooking, Newer Equipment & Furniture (Installed in 2021) – No major upgrades needed, Grease Trap Installed – Meets health and safety regulations? Tremendous Growth Potential – Perfect for an ambitious owner to take it to the next level, Massive Cost Savings – Building a restaurant like this today would cost over $200,000 + Why spend hundreds of thousands on a new build when you can own this established, high-traffic location
About the Sale
- Seller Motivation
- other business opportunity
- Transition Support
- one week training
- Financing Options
- no seller financing- No Business name menu transfered!
Listing Info
- ID
- 2332278
- Listing Views
- 2129
Listing ID: 2332278 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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