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ESPRESSO AND SPECIALTY TEA HOUSE

Seller: Attn: Geroge Thompson
Location: Portland Area, East Side, OR, USA
Listing Number: "GT154"


Asking Price: $59,500 USD USA Dollars
Industry: Food & Beverage: Coffee, Cafe, Dessert
Reason for Selling: Retirement
Year Established: 2001
Number of Employees: 2
Yearly Revenue: $130,431
Yearly EBITDA: $NA
Yearly Gross Income: $NA

Overview of the Business:

Seller just lowered her price by $20,000 and needs to sell due to family illness. This is a delightful coffee house that serves various coffee drinks and choices of tea, including the unique Bubble Tea. This convenient location in Multnomah has plenty of parking and has been a stable business for eight years. It operates with one full time plus one part-time employee, offering a menu of light breakfast and lunch selections plus cookies. The display of gift items adds to the charm.


Property Features and Assets:

Facilities:1,400 square feet retail store in a shopping center. Lease expires April, 2010, with a option to extend for three more years. Rent is $2,080 per month, plus CAM charges, $593. Of course, all equipment, furniture and small tools needed to grow this business is included in the sale.


Market Competition and Expansion:

There are other coffee shops in Portland, but this one specializes in the growing popularity of Bubble Tea.


Additional Details:


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