This upscale coffee cafe is perfect for a barista

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
EG11377 - Coffee

Location:
Oregon - Oregon

This upscale coffee cafe is perfect for a barista

Business 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.


Asking Price: $279,000


Inventory (included):
$500

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

5 Months Ended

5/31/2024

$121,160
(Sales)

($15,225)
(Adjusted Cash Flow)

12 Months Ended

12/31/2023

$313,344
(Sales)

$87,897
(Adjusted Cash Flow)

12 Months Ended

12/31/2022

$248,387
(Sales)

$72,086
(Adjusted Cash Flow)

12 Months Ended

12/31/2021

$93,510
(Sales)

$42,392
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 6
Owners 0 1

Hours of Operation
7am-5pm daily

Licenses Required:

  • Multnomah health and City of Portland business lic

Lease

Monthly Rent Including NNN:
$2,224

Expires:
4/2028

Option:
For 5 years

Size(sq.ft.):
815

Miscellaneous

Type of Organization:
LLC

Reason for Sale:
Divestment

Training:
4 weeks 5 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.