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Businesses For Sale > Business For Sale in Portland, Oregon (OR)

TEA CAFE AND BAR for sale in Portland, OR

Portland, Oregon (OR)

Asking Price: Gross: Cash Flow:
$ 350,000 $ 540,000 Undisclosed

Business Summary:
This tea business is well established in one of the premier locations in NW Portland. The Café serves “fast casual” with a premium quality full menu that includes Brunch, Lunch, Happy Hour food, and Late Night bites. The business also sells desserts and cookies and has the best scone (our recipe) in Portland. The café seats ~ 55 people inside with a small outside seating area also. The café is serviced by public transportation and store front public parking with great visibility. The business has been a leader in introducing new styles of tea such as rooibos, white tea, puerh, purple tea and stocks over 100 loose leaf teas. The company has developed an extensive list of suppliers from farm direct to wholesale companies to source the best quality teas from different regions of the world. Standard operating procedures have been developed for all aspects of the business including staff guidelines. The business has a website with ecommerce for tea sales and for tickets to nightly entertainment, and has both twitter and facebook sites. The business operates a solid loyalty program that continues to grow. The company has been a leader in the fast growing tea industry, setting many trends that have become standard now in many other sectors of the tea industry. The business has been featured in every major tea and beverage magazine, all the major news papers in the country and on national TV. The business was one of the first in the US to serve tea lattes, bubble tea, and tea infused cocktails. This business is a turnkey operation with potential for growth and a loyal customer base. This is a wonderful opportunity for anyone wanting to be part of the growing tea sector.

 

   
Year Business was Established: 1999
   
Number of Employees: 6FT/4PT  
   
Facilities / Terms of Lease: The business has a 5yr lease with a renewal clause. The space is 1647 sq ft of which 541 sq ft is office/storage. The asking price includes all inventory, furniture band fixtures, recipes, suppliers, operating procedures,and website with ecommerce.  
   
Potential Growth/Expansion: Tea sales are growing at double digits every year in the US. Sales are projected to overtake coffee by 2017. There is potential growth in wholesaling and increased web sales.  
   
Competition: Other tea shops exist in the Portland area. However this business offers the best quality tea in Portland (voted best tea in Oregon 2 years running) and has been in business 14 years.  
   
Owner willing to finance: N/A  
   
Owner willing to train: Negotiable  
   
Reason for selling: To pursue other opportunities.  
   
Seller Reference Number: bm221216935
BusinessMart.com Listing Number: 144184
 

 

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