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Tiki's at 51st - Gourmet Coffee House

Lincoln City, Oregon (Lincoln County)

Retail - Other Eating & Drinking Places | Retail - Miscellaneous Retail

Asking Price $469,000 Inventory $22,000** 
Gross Income $128,000 Real Estate  
Cash Flow $51,000 Year Established 2005
FF&E $45,000* Employees 3

* included in the asking price

** not included in the asking price

One of a kind Coffee/Food & Gift shop on the Taft Strip. Turnkey operation with excellent growth potential. Exclusive for Stumptown Gourmet Coffee (Portland Oregon company). Liquor license. 50 steps to the bay and beaches. Small living quarters include kitchenette, bath and living/sleeping room. Situated on a 50 x 100 lot the business is in a converted single story house. Land and building are included in the price. City encouraging growth on this special 10 block strip with special zoning and building options. Once in the Taft District you can literally walk to everything. Restauarants, shops, antique stores and to the bay and beaches.

Facilities: Single story house on 50 x 100 lot. Converted to coffee house with seating for 15 inside, 30 outside. Parking for 4 vehicles.

Competition: Some eating establishments and retail stores but nothing comparable to Tiki's. Stumptown Gourmet Coffee is very recognized in Oregon.

Growth/Expansion: Current owners not working full time. Business could easily double with more time and effort promoting business.

Financing: Owner will carry contract with $200,000 down

Support/Training: 20 hours / week for 4 weeks. Ongoing by phone as needed.

Reason Selling: Semi retirement, return to Valley where main home is located.

Business listed by

Ken Carman

503-930-4671


Legacy Real Estate


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