Restaurants for Sale Portland

Urban Pizza w/Bar – Two Stores Popular brand

Portland, OR

Price: $300,000
Broker(s): David P. Marlin

$2,830,000/year
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$5,200/month
3,730

Description:

  • Two stores, currently operating as a quick casual with bar, order at the counter, simple menu operation specializing in pizza pies, salads, sandwiches, pasta and beverages.  The business was established in 2014.  The concept has a popular brand and is suitable for an owner-operator.  It could easily be duplicated if a new owner wanted to add more locations. They currently have full service OLCC.
  • The facilities offered with this sale are simple.  Kitchens with ample space, good pizza ovens, sufficient “prep space” and efficient dining rooms. Everything is built to last.
  • 2018 Revenues - $2,830,000
  • Store 1) 2018 - revenues $1,890,000 (Costs could be better managed by hands-on owner operator.)
  • Store 2) 2018 – revenues $940,000 (Revenues could be much higher if driven by hands-on operator.)
  • Store 1) Established in 2014.. 3,730 sq ft – Rent is $5,200/mo plus NNN (2100).  Includes a game room with significant revenue from pinball and other games.
  • Store 2) Established in 2018.  2000 sq ft plus an awesome large back yard/patio that could develop into great additional revenue generating area – There are two type-1 hoods that can generate a ton of revenue.  Rent is $6500/mo Gross. 
  • Acquire both together or one or the other separately
  • Both really good locations with upside.

General Information

LLC
2014
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100
3,730
street
OLCC, Health, Busines
11AM-12PM - 7 days
other businesses

Financial Information

$2,830,000/year
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Lease Information

$5,200/month
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Not Available
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2100

Financing Information

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Date Added: 2019-10-24