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This upscale coffee cafe is perfect for a barista

Portland, Multnomah County, OR, USA
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Businesses For Sale | Coffee Shops & Cafes For Sale

Listing ID : 748031

Listed On May 28, 2024 View Count 30

Listing Updated July 13, 2024

Broker Listing ID:
EG11377
Price :
$279,000
Business Overview :
Gross Revenue:
$332,409
Cash Flow:
$67,470
Year Established:
2018
Number of Employees:
6
Inventory Included:
Yes
Estimated Value of Inventory:
$500
Business Location Details :
Business Location:
Leased
Rent:
$1,924
Type of Lease:
Triple Net Lease (NNN Lease)
Lease Expiration:
04/2028
Building Size:
815 Sq. Ft.
Facility & Tenant Improvements:
Hours Daily 7 am to 5 pm
Property Details :
Terms :
Support & Training Offered:
4 weeks, 5 hours per week
Reason for Selling:
Divestment
Company Overview :
Franchise Overview :
Description :

Upscale and stylish coffee cafe located in an 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 close by 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 to SDE.  EG11377

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License:BRE #01160661

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