For Sale

High-Volume Slappy Cakes – In The Belmont District of Portland, OR!

One Of The Best Restaurants In Portland

Portland, OR

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Food Type: Breakfast & Lunch/Brunch, Liquor License

Service Type: Full Service

Business Type: Franchise

Sale Type: Business For Sale

Asking Price: $415,000

Gross Sales: $1,261,510

Net Operating Income: $150,887

Monthly Rent: $11,930

Lease Expiration: 09/2027

Lease Options: (Contact For)

Year Established: 2009

Owner Operated: Yes

Seller Financing: Yes

Summary:

An interactive breakfast restaurant with a unique and fun dining experience. Customers can make their pancakes right at their own table on built-in griddles!

Offers an array of pancake batters plus an incredible selection of savory and sweet toppings including bacon, sausage, coconut, chocolate chips, berries, nuts, cheeses and more. Also, seasonal pancakes such as strawberry shortcake in the summer and pumpkin spice in the fall.

In addition to amazing made-from-scratch dishes such as deep-fried breaded bacon drizzled with caramel sauce, savoring banana bread French toast, pork belly benedicts, country-fried steaks and much more. Their innovative menu has something for everyone!

Plus, handcrafted signature cocktails with a modern twist. And a variety of fresh juices and excellent coffee.

All in an entertaining and hands-on setting where it’s okay to play with your food! From Sunday morning flips to birthday breakfast extravaganzas, sweet breakfast dates and cozy family brunches, every moment spent at their tables becomes a treasured memory.

A full-service restaurant. Dine-in, takeout and 3rd party delivery. Also, a full bar - fun drink specials. Reservations also accepted.

Features an impressive industrial-sleek build-out. Boasts beautiful high ceilings, exposed rafters & ductwork, gorgeous reclaimed wood, cool concrete floors, a large stainless-steel open kitchen and garage doors that open to the sidewalk. Also, ample counter, booth and table seating. Plus, a large wait area with additional seating. And lots of warm natural sunlight from the large skylights.

Established location for over 15 years. Currently owner operated.

Feel free to stop by the location as a customer first. This is a HIGHLY confidential listing, please DO NOT talk to any of the owners, employees or patrons. If interested, contact EatZ for more information. Showings by appointment only outside of business hours.

Business Website: https://slappycakes.com

Competition:

A unique dining concept. Inspiring flavors. Real food. Everything made-from-scratch daily using the finest ingredients. Hormone free meats/dairy, plus plenty of vegan & gluten-free options. Their batters, biscuits, jams, syrups, sauces & more prepared fresh without any processed foods.

A nationally recognized restaurant. Featured on America’s Best, Everything Magazine, New Day, Portland Mercury, Unique Eats and more. "Top Ten Destination in America" by Alton Brown at Food Network. "Top Ten Restaurant in America" by Bobby Flay at Food Network. “One of the best restaurants in Portland” by USA Today!

Growth and Expansion:

Hugely popular. A favorite breakfast spot. The ultimate DIY pancake house. A fun-filled breakfast haven. For kids & adults of all ages!

Highly rated & recommended - 4.6 Facebook, 4.5 TripAdvisor, 4.3 Google & more. Plus, growing social media following - over 1,700 on Facebook & 2,636 on Instagram!

Currently 3 locations - Portland, OR, Maui, HI & Singapore. And actively selling franchises in the U.S. Offering a 1% royalty fee for the 1st year in addition to a 1% ad fee. Join the Slappy Cakes family and embark on a flipping fantastic journey!

Location:

Prime retail space in Sunnyside’s Belmont District of Portland. Perfectly situated on SE Belmont St between SE 42nd Ave and SE 43rd Ave. Adjacent PDX Commons, Musashi’s, The Practice Space-Yoga Pilates and Andria Condominium. Across Food Carts, El Salto, Ardor Natural Wines, Nil.Wine Bar and Never Coffee. Also, close to Movie Madness, Mt Tabor Park and Laurelhurst Park.

County: Multnomah

Facilities:

Lease Information: Leased space $11,930/mth gross. Current lease expires Sep 2027. Landlord open to more term.

Square Feet: 2,300.

Seating: 90 Inside.

Days/Hrs of Operation: Mo-Fr 8a-1p & Sa-Su 8a-2p.

Real Estate: Leased.

Value of FF&E: Included In Asking Price.

Value of Inventory: Not Included In Asking Price.

Number of Employees: 20.

Support/Training: Two weeks on-site comprehensive training.

Seller Financing Available: Yes, to a well-qualified buyer with a minimum of 20% down.

Reason for Selling: Current owner converting the concept to a franchise.

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