Chez Jose Restaurant & Bar – Full Service with patio & Parking lot
Portland, OR
Price: $150,000 Broker(s): David P. Marlin
$1,600,000/year
$290,000/year
$4,250/month
3,500
Description:
Westside longtime local favorite Mexican restaurant and bar
Well established with fairly recent rebuild - updated everything
High volume pre-covid revenues & profits - hours of service heavily shortened during covid
Best Rent Rate in town
All systems in place for ownership transition
Seats 90 plus patio
Large parking lot
High visibility and traffic count
Annual revenues for the pre-covid years was approx. $1.6mm annual. Owner’s adjusted cash-flow for 2019 was approx. $290,000. Revenues in 2021 with to-go only for several months and shorter hours were $862,000.
