Asking Price: $122,000

Gross Revenue: $257,000

Gross Revenue Comments: Growth potential

FF&E: $15,000 (Included in Asking Price)

This well established 50 seat cafe and bar specializes in breakfast all day and offers lunch and dinner seven days per week. A warm and welcoming enviroment helps the return of regular patrons. Customers have a nice selection of wines and draft beers to choose from as well as a fully stocked liquor bar. The local neighbourhood is being revitalized with many businesses and residents moving into the area.

Year Established: 2002

Employees: 4 full time - 3 part time

Facilities: Approximately 2050 square feet in a mixed use building with additional outside seating. Very favourable lease terms.

Market Outlook and Competition: Competition: Located in NW Portland between the Pearl District and Nob Hill, this well established neighbourhood cafe and bar has many regulars. Growth/Expansion: Located on the trolley line near a major hospital, it is possible to extend hours and space. Opportunity exists for catering and/or event hosting. The neighbourhood is redeveloping into a high density mixed use community.

Management Training and Support: Recipes, employee manual, operational policies and procedures will be provided to buyer. POS system, outside bookkeeper. Owner will support a smooth transition.

Reason For Selling: Owner has other business interests