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Portland Casual Dining

DESCRIPTION: This popular neighborhood restaurant has an excellent reputation and loyal customer traffic that provide steady revenue year round. The full lunch and dinner menus encompass casual fine dining with more eclectic items and a limited beer and wine selection. The real estate is also available for acquisition.

MARKET: Limited competition with prohibitive zoning, brand recognition and excellent location make this a unique business. There is an opportunity to expand the space physically and to add full liquor to the current beer and wine selection.

FACILITIES: The location is a destination for casual fine dining that includes select restaurants and other attractions. The real estate can be included in the purchase and includes rental or owner apartment(s). The 3,000 SF building is very attractive. The acquisition price of the real estate is $450,000.

PRICE OF BUSINESS: $135,000
DOWN PAYMENT ON BUSINESS: $60,000
PRICE OF REAL ESTATE: $450,000
DOWN PAYMENT ON REAL ESTATE: $135,000
INVENTORY PURCHASE: $10,000
WORKING CAPITAL NEEDED: $15,000