PNW sourced fresh food cafe in Eugene

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Call Us:

Boise: (208) 906-0037
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
EG10427 - Restaurants

Location:
Oregon - Oregon

PNW sourced fresh food cafe in Eugene

Business Description:

All of the hard lifting has been done and this unique cafe is ready for a new owner operator to work full time, take advantage of existing marketing / branding and benefit from the rebound of downtown. The $200,000+ of FF&E that was financed with a Community Lending start up loan is included; plus its possible to secure a new SBA loan for the right buyer. Right in the heart of downtown Eugene, lies a new kind of restaurant. Locally sourced, socially conscious breakfast and lunch. Prior to COVID, business was on track for third year profitability and $380k sales after significantly investing in marketing, branding, staffing and streamlined, eco-conscious operations. This model and brand could potentially be franchised throughout the PNW. COVID closure March 20, Reopened June 1, closed again November 13, reopened Jan 5 , 2021


Asking Price: $199,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

8 Months Ended

12/31/2020

$192,378
(Sales)

($29,180)
(Adjusted Cash Flow)

12 Months Ended

12/31/2019

$354,978
(Sales)

($28,451)
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$41,551
(Sales)

($81,890)
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 3
Owners 1 1

Hours of Operation
M-F 10:30-3:00

Licenses Required:

  • Lane County Health Department Food Handler License

Lease

Monthly Rent Including NNN:
$2,347

Expires:
9/30/2023

Option:
For 5 years

Size(sq.ft.):
1,570

Miscellaneous

Type of Organization:
LLC

Reason for Sale:
Divestment

Training:
4 weeks 15 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0037
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 438-9705
Los Angeles: (213) 438-9705
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.