NW 23rd & Pettygrove Location

This is an asset sale of the assets and improvements of the Three Lions Bakery, NW 23rd location.  WE ARE NOT SELLING THE NAME (Yet)!  This is only the sale for the hard assets and improvements located at the corner of NW 23rd Ave & NW Pettygrove Ave. 

This location has a ton of high quality amenities that would be very expensive to reproduce. Between the curved glass with brass trim display cases, high traffic tile floors, classic metal tin ceilings, custom redwood stained cabinets and counters with brass trimmings,   There is 2,000+ square feet of retail restaurant area with a large production area in back.   High traffic counts on one of Portland’s elite NW retail areas. Incredible demographics with many local neighborhood businesses and 1000’s of residential customers to draw from.

   NW 23rd & Pettygrove Location

LOOK AT THIS GORGEOUS STORE!!! All ready for your next café or restaurant project!

Everything you see is included in the purchase price!  Tables, Chairs, Counters, Espresso Machine, Coffee Equipment, Sandwich Prep tables, bread slicer, refrigeration, baking convection oven, Walk in Refer and prep table etcs…   SEE ATTACHED EQUIPMENT LIST FOR ALL ITEMS. 

LOCATION, LOCATION, LOCATION!!!! 

WANT ONE MORE HUGE SELLING POINT?… There is a parking area behind the building for 1-2 cars!!!! This almost impossible to get in NW Portland!!

Equipment List for 23rd Avenue store:

Backroom 1 PC computer, printer and office support items 1 stainless steel custom sinks 6 Metro shelve Sets 1 stainless steel rolling prep table 1 Hobart oversized “bakers” edition oven 2 Rolling bakery display carts 1 custom hand sink 1 globe slicer 1 misc smallwares 1 Hoshizaki ice machine 1 6 x 8 walk-in with speed door + 3 metro racks & speed rack 1 ice cream chest freezer 60” masterbuilt 1 Double entry dual compartment floor mounted safe 1 Dishwasher under counter – (leased and under contract that must be assumed)

Restaurant Area - Front

1 federal euro 8ft brass wet display case 1 federal euro 5ft brass dry display case 1 beverage air undercounter refer 1 La San Marco espresso machine 85.16M-3 2 La San Marco Grinders sm 90 & sm 95 1 ice cream chest freezer 24” 1 Berkel bread slicer 1 Bunn Air-pot Brewer 1 Mr Coffee brewer 1 Grindmaster Grinder 2 CRS 3000 POS systems 1 true 60” sandwich prep 2 soup kettles 2 toaster ovens 1 microwave 42 wood chairs 16 overstuffed chairs 3 glass iron tables 11 marble wood tables 8 wood tables 1 love seat 10 iron chairs 5 iron tables 1 neon sign & misc pos 1 misc smallwares Personal possessions not on list: Ambex stone grinder, Ambex coffee roaster, Commercial Pasta maker Stainless steel hood (4x4), macintosh computer. metal chalk board

3 NW 23rdJun '06 - Jun 07 % of Income

Ordinary Income/ExpenseIncome

4000.1 · INCOME4550 · DELIVERY INCOME 0.00 0.0%4000 · CREDIT CARD SALES 107,457.47 42.9%4100 · CASH SALES 143,466.09 57.3%4999 · CASH OVER/SHORT -441.38 -0.2%

Total 4000.1 · INCOME 250,482.18 100.0%

Total Income 250,482.18 100.0%

Cost of Goods Sold5000 · COST OF GOODS SOLD

5100 · FOOD COST/INGREDIENTS 47,300.97 18.9%5200 · BEVERAGE COST 5,842.17 2.3%5300 · PAPER/PKG COST 3,386.85 1.4%5400 · GROSS LABOR

5406 · ER FUTA Q940 0.00 0.0%5408 · ER TAX-OR PAYROLL 0.00 0.0%5403 · EE WORKERS COMP 0.00 0.0%5405 · EE SUTA/TRI-MET/WBF OTC 0.00 0.0%5400 · GROSS LABOR - Other 61,968.10 24.7%

Total 5400 · GROSS LABOR 61,968.10 24.7%

5000 · COST OF GOODS SOLD - Other 0.00 0.0%

Total 5000 · COST OF GOODS SOLD 118,498.09 47.3%

Total COGS 118,498.09 47.3%

Gross Profit 131,984.09 52.7%

Expense6000 · OPERATING EXPENSE

6560 · Payroll Expenses 225.57 0.1%6150 · AMBIANCE 185.97 0.1%6250 · BUILDING & SYSTEMS REPAIRS 1,574.11 0.6%6300 · CREDIT CARD SERVICES 4,832.10 1.9%6400 · ELECTRICITY 6,976.37 2.8%6500 · EQUIPMENT LEASED 1,835.29 0.7%6600 · EQUIPMENT REPAIR 1,183.58 0.5%7000 · JANITORIAL 166.00 0.1%7100 · LICENSES & PERMITS 1,135.00 0.5%7350 · NATURAL GAS 1,161.53 0.5%7400 · OFFICE SUPPLIES 28.78 0.0%7600 · PHONE 1,334.35 0.5%7800 · RENT 58,437.50 23.3%7950 · SMALL WARES EXPENSE 828.05 0.3%8200 · WATER 2,938.51 1.2%

Total 6000 · OPERATING EXPENSE 82,842.71 33.1%

Total Expense 82,842.71 33.1%

Net Ordinary Income 49,141.38 19.6%

Net Income 49,141.38 19.6%

9:24 AM THREE LIONS' BAKERY08/18/07 23rd Ave Profit & LossAccrual Basis June 2006 through June 2007

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TOTALJun '06 - Jun 07 % of Income

Ordinary Income/ExpenseIncome

4000.1 · INCOME4550 · DELIVERY INCOME 0.00 0.0%4000 · CREDIT CARD SALES 107,457.47 42.9%4100 · CASH SALES 143,466.09 57.3%4999 · CASH OVER/SHORT -441.38 -0.2%

Total 4000.1 · INCOME 250,482.18 100.0%

Total Income 250,482.18 100.0%

Cost of Goods Sold5000 · COST OF GOODS SOLD

5100 · FOOD COST/INGREDIENTS 47,300.97 18.9%5200 · BEVERAGE COST 5,842.17 2.3%5300 · PAPER/PKG COST 3,386.85 1.4%5400 · GROSS LABOR

5406 · ER FUTA Q940 0.00 0.0%5408 · ER TAX-OR PAYROLL 0.00 0.0%5403 · EE WORKERS COMP 0.00 0.0%5405 · EE SUTA/TRI-MET/WBF OTC 0.00 0.0%5400 · GROSS LABOR - Other 61,968.10 24.7%

Total 5400 · GROSS LABOR 61,968.10 24.7%

5000 · COST OF GOODS SOLD - Other 0.00 0.0%

Total 5000 · COST OF GOODS SOLD 118,498.09 47.3%

Total COGS 118,498.09 47.3%

Gross Profit 131,984.09 52.7%

Expense6000 · OPERATING EXPENSE

6560 · Payroll Expenses 225.57 0.1%6150 · AMBIANCE 185.97 0.1%6250 · BUILDING & SYSTEMS REPAIRS 1,574.11 0.6%6300 · CREDIT CARD SERVICES 4,832.10 1.9%6400 · ELECTRICITY 6,976.37 2.8%6500 · EQUIPMENT LEASED 1,835.29 0.7%6600 · EQUIPMENT REPAIR 1,183.58 0.5%7000 · JANITORIAL 166.00 0.1%7100 · LICENSES & PERMITS 1,135.00 0.5%7350 · NATURAL GAS 1,161.53 0.5%7400 · OFFICE SUPPLIES 28.78 0.0%7600 · PHONE 1,334.35 0.5%7800 · RENT 58,437.50 23.3%7950 · SMALL WARES EXPENSE 828.05 0.3%8200 · WATER 2,938.51 1.2%

Total 6000 · OPERATING EXPENSE 82,842.71 33.1%

Total Expense 82,842.71 33.1%

Net Ordinary Income 49,141.38 19.6%

Net Income 49,141.38 19.6%

9:24 AM THREE LIONS' BAKERY08/18/07 23rd Ave Profit & LossAccrual Basis June 2006 through June 2007

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BREAKFAST MENU SERVED BETWEEN 7:00am - 11:00am

CONTINENTAL BREAKFAST6.25A fresh scone or muffin of your choice served with butter and jam, fresh orange juice and our house roasted coffee or tea.

CAFFE' BREAKFASTA fresh baked croissant served warm with butter and jam, fresh fruit and our house roasted coffee or tea.

BISTRO BREAKFASTAny breakfast pastry served warm with butter; includes two scrambled eggs, three slices of bacon and fresh fruit.

THE HEART SMARTYour choice of any fat free muffin and a fresh fruit salad.

EUROPEAN FARMHOUSE A savory selection of perfectly aged international cheeses, served with baguette and fresh fruit.

THREE LIONS' BREAKFASTYour choice of pastry and a slice of our fresh quiche, both served warm.

SCRAMBLED EGGS (2) 2.95 BACON ( 3 SLICES )

HONEY PIT HAM (SIDE) FRESH FRUIT (SIDE)

6.95

7.95

6.25

Two eggs with your choice of bacon or ham and cheddar or swiss cheese; served with fresh fruit. Available vegetable style with tomatoes, roasted red peppers, mushrooms and scallions.

BREAKFAST SANDWICH6.25

6.95

7.95

3.95 3.95

2.95

t h r e e l i o n s b a k e r y . c o m main bakery • p. 503.224.9039 • f. 503.224.2834

Turkey 1 Swiss, tarragon mayo

2 Cream cheese, pesto, red onion

3 Provolone, avocado, rosemary mayo

4 Havarti, red onion, thyme aioli

26 Sundried tomato tapenada, havarti

Roast Beef 5 Provolone, sauteed mushrooms, old fashion mayo

6 Swiss, rosemary mayo

7 Havarti, thyme aioli

Honey Pit Ham 8 Cheddar, honey mustard

9 Brie cheese, dijon

Tarragon Tuna 10 Salad, scallions, tarragon mayo

Chicken Salad 11 Swiss

(savory) 12 Chopped brie, roasted bell pepper

13 Red onion, dijon

Vegetarian 14 Cheddar, provolone, bell peppers, red onion, sundried tomato tapenada

15 Cream cheese, avocado, toasted sunflower seeds

16 Roasted bell peppers, sauteed mushrooms, red onion, pesto

17 Thyme aioli, red onion, roasted bell peppers, havarti cheese

Baked Options 19 Tarragon Tuna Melt - tarragon mayo, cheddar

20 Baked Ham - cheddar, classic mayo, honey mustard

21 Turkey BLT - swiss, bacon, tarragon mayo

22 Roast Beef Philly - swiss, sauteed red onions and bell peppers

23 Cheddar Pesto - sauteed mushrooms, red onions

24 Veg Hero - brie, avocado, vinaigrette, sauteed mushrooms, roasted bell peppers

Choose a fresh scratch made side: creamy pesto pasta salad, red potato salad, fresh seasonal fruit, garden fresh spring salad, hungarian mushroom or feature soup.

Choose a fresh scratch made bread: french country white, italian focaccia, rosemary baguette, honey whole wheat, san francisco sour dough.

7.95 whole • 6.50 half • includes a side • come with romaine, tomato, cucumber

sandwiches LUNCH menu

Sandwiches are made to order from fresh scratch made ingredients. It may take a little longer but your taste buds will thank you. Red Items are vegan.

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