Upscale and stylish coffee café located in a historic community in Portland, OR. The large windows and comfortable seating make this a gathering place for the local affluent residents and for visitors to the neighborhood seeking to recharge with a double espresso or latte. The location draws daily users of the nearby public attraction and greatly benefits from the patronage of regular, daily consumers. There is an opportunity to expand operations to include fresh baked items on-site with the purchase of electric convection ovens, stand mixers and some basic baking tools. The business is absentee run with a general manager and assistant manager, but the GM comp is added back.
- Asking Price:
- $279,000 Inventory / Stock included
- Sales Revenue:
- $332,409
- Cash Flow:
- $67,470
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The current lease will expire 4/2028
- Premises Details:
-
Rent$1,924, NNN $300
- Size in square feet:
- 815
Business Operation
- Reasons for selling:
-
Divestment
- Trading hours:
-
Daily 7 am to 5 pm
- Employees:
- 6 PT
- Years established:
- 2018
Other Information
- Support & training:
-
4 weeks, 5 hours per week
- Inventory / Stock value:
- $500 - included in the asking price
