MergerPlace

Hopping Mexican Restaurant Tequila Bar

Oregon (Multnomah)


  • Asking Price: $120,000
  • Gross Income: $560,060
  • Cash Flow: $57,488
  • Real Estate: Not Disclosed
  • Inventory: $7,500
  • FF&E: $20,000
  • Listing ID: #200107
  • Established: 2012
  • Employees: 2 FT/5 PT

Business Description

High energy, fast paced restaurant with a great neighborhood feel. The business has a great following and a low overhead. Great Employees current owner spends very little time working in the business. Atmosphere is terrific.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Oregon
County: Multnomah

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT/5 PT

Financial Information

Asking Price: $120,000
Gross Revenue: $560,060
Cash Flow: $57,488
FF&E: $20,000
Inventory: $7,500
Seller Financing Available: No

Property Information

Facilities:

Great location strong neighborhood presence.

Growth & expansion opportunities:

AMAZING OPPORTUNITY to increase the bottom line with no overhead increase - there is a room set up for video poker ready to go...per Oregon lottery adding video poker will add $5,000 a month to the bottom line.

Competition:

Not much competition in the area where this restaurant is located....the area is a located in an area of the city which is just coming on line as the new hip area.

Reason for selling:

Owner has other business interest that he needs to work on.

Support & Training:

Will train for 2 weeks @ no cost. Restaurant experience would be a plus!

Contact Business Seller

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Business Listed By:

Teresa Farrell

Murphy Business Brokers