Espresso and Specialty Tea House
Seller:
Attn:
Geroge Thompson
Location:
Portland Area, East Side
Listing Number:
"GT154"
Overview:
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: