Turnkey Restaurant Opportunity: Neighborhood Icon in NE Portland

Listing Number: 59071-502400

Listing Details

Turnkey Restaurant Opportunity: Neighborhood Icon in NE Portland
Price: $370,000
Location: Multnomah County, Oregon
  • Down Payment: $370,000
  • Sales: $1,055,763
  • Seller's Discretionary Earnings: $197,000
  • Inventory: $23,000
  • Furniture, Fixtures, and Equipment: $151,560
  • Rent: $4,260
  • Employees: 15
  • Year Established:
  • Reason for Selling: Retiring

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Business Description

Are you ready to take the reins of a beloved seafood restaurant with a rich history and a loyal following? Look no further than this established gem, located in the heart of NE Portland. Founded in the early 2000s, this independent restaurant has become a staple in the community, known for its exceptional dinner service, quality-driven menu, and dedicated neighborhood clientele. With a strong reputation built over many years, the business has flourished under long-term ownership, earning recognition for its culinary identity, high hospitality standards, and unwavering commitment to customer satisfaction. Now, the current owner is looking to retire, paving the way for a new visionary to step in and carry on this successful legacy. With a proven concept, established operating history, and respected market presence, this is an exciting opportunity for a passionate entrepreneur to drive the business to new heights. The potential for growth is vast, offering multiple avenues for expansion and increased revenue. By extending operating hours, introducing brunch, lunch, or more dinner service days, and tapping into opportunities like private events, catering, takeout, and delivery, a new owner can unlock the full potential of this thriving venture. Don't miss out on this chance to own a well-established restaurant with a loyal clientele, untapped growth opportunities, and a solid foundation for success. Visit https://www.tworld.com/ to learn more about this exciting prospect and take the first step towards making this thriving seafood restaurant your own. Act now and seize the opportunity to write the next chapter in this restaurant's storied history.

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