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Undisclosed Mediterranean Restaurant

AvailableBusiness Opportunity

0, Undisclosed, Portland, OR 97209

$249,000

Available Business Opportunity

Description

Owner retirement opens an opportunity with this 150-seat full-service restaurant in a strategic section of Slabtown / Portland. Business has been and continues to be a profitable operation for over 20 years. Location is such that there are multiple hotels and short-term rentals 1-mile radius. Step in and make money right away with no changes. Increase sales and profit with a few changes such as adding a nightlife concept after dinner, opening for lunch, catering, or doing corporate events during the day. This money-making corner location can’t be beat in terms of potential. Definitely a must-see.

0,Undisclosed, Portland, OR 97209

Business Characteristics

Operating Hours: Evenings
Days Open: Tue – Sun
Year Established: 1989
Parking Available: 0
Seating: 150

Business Terms

All Cash: Yes
Seller Terms: No

Business Financial

Operating Information: Actual
Operating Income: 622000
Operating Expense: 578000
Net Profit: 44000
Owner Salary Included in Expenses: Yes
Number of Owners:
Reason for Selling: Retirement