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Acclaimed Ethnic Restaurant

Location  Oregon,United States
Asking Price Range  < $250K
Gross Revenues  $250000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Reason for Sale  Health.
Description  LOCATION: Popular Major Mall in busy west Portland suburb. This restaurant is strategically located in a prime shopping area adjacent to Starbucks and across the street from many high traffic retail stores and restaurants and in the general vicinity of Intel, Nike and a high density residential area. OPERATION: This acclaimed restaurant is currently serving lunch (11AM-2PM) & dinner (5:30-9:30). The concept is built around a specialized ethnic cuisine and was voted Best Restaurant of it's cuisine style by the Oregonian in 2006 and featured in their 2007 Dining Guide. The service is quick casual/buffet at lunch and casual sit down at dinner. With a comfortable and inviting neighborhood atmosphere, the price point is low to moderate. FACILITY: The facility offered with this sale is unique; the kitchen is compact and very well equipped to easily accommodate increased revenues. The dining room is attractive and seats around 30-40. The setting is warm and conducive to repeat clientele. The total square footage is approximately 1,500 (plus outdoors). The lease rate is currently approximately $5,200/mo. (NNN). OTHER CONCEPTS: This facility would easily adapt to other restaurant concepts or styles of cuisine. It would be a good ethnic food restaurant. MANAGEMENT: The business owner currently operates the restaurant along with an efficient staff. The business has been in operation for less than a year and is for sale due to health reasons. Email or call DAVE MARLIN at 503 789-2884 for more information on this Restaurant for sale.
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