Portland Restaurant on NW 23rd Avenue - Seller Will Carry - Business for Sale
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Turnkey Restaurant Space on NW 23rd Avenue, Portland, OR
Portland, OR, US
Added 11 days ago
Restaurant / Food & Beverage
5 years in business
A turnkey restaurant space on NW 23rd Avenue in Portland, Oregon, is available for sale without the current name or concept, offering a fully built-out kitchen and dining area, with a lease extending to 2031 and options to renew.
Key Information
Asking
$175K
Revenue
$650K
Earnings
$115K
Multiple
1.5x
Key Highlights
- Business has been established for 5 years
- Approximately 1,970 square feet of space with a lease at $6,772/month including triple net
- Lease extends to 2031 with two additional 5-year buyer options
- Sale does not include the current name or concept; buyer must bring their own concept
- Seller will carry a two-year note with 50% down; interest negotiable
Contact Info
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