Listing Information
Type of Business: ITALIAN RESTAURANTE AND LOUNGE BAR
Location: PORTLAND
Asking Price: 385,000
Gross Sales: 750,000
Cash Flow:
Square feet of Building: 5000
Training: YES
Owner Contract: YES
Property included: NO
Inventory: EXTRA
Year Established: 2010
Listing Summary
Long time family owned Italian Restaurante and Lounge in Goose Hollow District of Portland. Classic Old-World recipes done with love. Beautifully decorated. Neighborhood is booming with lots of new apartments, condos, etc. Two blocks from Providence Park and right next door to Artist Repertory Theater and the Deluxe Hotel and right off the Max Line. New 1,800 living units being developed close by. Sales have been way north of a million. Now is doing 75% of that as it is lengthening the hours and days. So much potential here. 5,000 square feet of space. Non-disclosure agreement needed for more information.
$100,000 down payment.
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Lots of potential to grow.
Family Business
SINCE 1993
GAS WILL ALWAYS BE NEEDED.
Jim Foster was born in the Midwest and moved to Oregon when he was only 9 yrs old. Went to Madison HS and attended Portland State. Jim has been self-employed all his life...