Restaurants for Sale Portland

Mexican Restaurant & Bar – Full Service with patio & Parking lot

Portland, OR

Price: $275,000
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.  

General Information

Corporation
1995
1995
Contact for Info
90
3,500
large lot
OLCC, Health, Business
Wed-Sun 4-8
retirement

Financial Information

$1,600,000/year
Contact for Info
$290,000/year
Contact for Info
Contact for Info
Contact for Info

Lease Information

$4,250/month
Contact for Info
Not Available
Contact for Info
Not Available
Not Available

Financing Information

Contact for Info
Contact for Info
Contact for Info
Contact for Info

Confidential Disclosure Agreement

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Date Added: 2022-05-20 | Last Updated: 2022-07-07