Seeking Investment for High-End Island Style Restaurant Portland,USA

Opportunity Snapshot

  • Country: USA USA
  • Industry: Food, Beverages, Tabacco
  • Stage: Start-up
  • Investment size: $500,000 / min. $50,000
  • ROI: 12% in 5 years
  • Type of investment: Debt, Equity

Investment Opportunity

A unique culinary concept and style to life, representing food cultures from every Caribbean island. Located in the booming & rapidly expanding, Downtown, Portland,OR.

The Restaurant promises to entertain your soul as well as your palate in a hip & classy environment. This instalment will specialise in Nu Caribbean cuisine or what can be dubbed “Oregon Savvy Caribbean Cuisine”. The menu will embrace the cooking styles and techniques of several Caribbean islands.

Set on one level, the restaurant’s décor will be described as contemporary yet natural with a spacious dining room, boasts bamboo surrounding and seaside scenery lined walls; while the Rhum Lounge, on the eastern corner, invites you with its subdued lighting, party and event style interior with surround sounds like Reggae, Calypso, Salsa & Bachata music that will further enchant you as you sip one of the many tropical drinks.

At our restaurant, you will go on a culinary voyage of discovery, you will explore island flavors, discover legendary cocktails, and feel the energy of the surround sounds. Like sunshine on your face, it will be warm and welcoming and a place to gather with friends and share a tasty plate or two.

This will be a place where old friends, new friends, happy faces, rum cocktails in hand, in a breathtaking island surrounding filled with laughter, excitement, jaw-dropping natural beauty, marvellous food and amazing experiences.
The Restaurant should be your paradise!

Portland in the Media:
Whether it is a national newspaper, magazine or travel show, Portland is a favourite. Its food, environmentally minded population, sales tax free shopping and natural attractions make it a favourite city to feature. Here are some of the city’s most recent press hits:
• Named the “food and drink capital of America” - The Telegraph (February 2016)
• “Why Portland is the USA’s coolest city right now” - International Traveller (January 2016)
• No. 1 “The 10 Best Food Cities in America” - The Washington Post (December 2015)
• No. 10 “Best Big Cities in the U.S.” - Conde Nast Traveller (October 2015)
• One of the “Best Cities for Millennials in 2015” - Forbes (October 2015)
• Best U.S. Travel destination to visit in November - Business Insider (September 2015)
• No. 1 “America’s 20 Best Cities for Beer Lovers” - Travel + Leisure (August 2015)
• One of America’s “best food cities” - The Washington Post (June 2015)
• Best U.S. Tourism Destination - U.S. Tourism Quality Performance Report (June 2015)
• No. 1 “America’s Greenest Cities” - Travel + Leisure (May 2015)
• “Best Food Town” - Sunset (May 2015)
• No. 1 “Best Beer Cities in America” - Thrill list (May 2015)
• “Travellers’ Choice U.S. Destination” - TripAdvisor (March 2015)
• No. 1 “America’s Favorited City” for bookstores, coffee, beer and public transportation/pedestrian-friendliness - Travel + Leisure (October 2014)
• One of the world’s 25 most liveable cities (the only U.S. city ranked), Quality of Life Survey 2015 -Monocle (July 2014)

Competitive Advantage

• The creation of a unique and innovative fine dining atmosphere will differentiate us from the competition. The restaurant will stand out from the other restaurants in the area because of the unique concept, design and decor. We will offer a fine dining experience in a cozy atmosphere.
• Product quality. Not only great food but great service and atmosphere.
• The menu will appeal to a wide and varied clientele. It is International with an interesting twist.
• We will have special theme nights like restaurant nights, local rum nights and wine nights.
• Controlling costs at all times without exception.

Due to intense competition, restaurateurs must look for ways to differentiate their place of business in order to achieve and maintain a competitive advantage. We realise this. The fact that no other restaurants in the area has this concept and atmosphere presents us with a window of opportunity and an entrance into a profitable niche in the market.

Rationale for the deal

Rational why the timing for our restaurant doing business in Portland IS NOW
Downtown Portland is one of the most vibrant central cities in North America – a destination for people day and night, seven days a week. Local stores as well as national retailers such as Macy’s and Nordstrom make it a magnet for shoppers and diners. More than 96,000 people work downtown daily.
With condo and apartment developers adding to the number of downtown residences, more people are moving downtown. The flourishing Pearl District connected to the northern end of downtown and the burgeoning new development in the south waterfront area are drawing more full-time shoppers and diners to downtown Portland.
The State of Oregon and local governments in the Portland region offer a variety of incentives and programs to attract businesses and industries. They include tax abatement and credits, site selection services, gap financing, loan programs and workforce training programs. The Portland Development Commission provides financial support, business resources, and development assistance.
The addition of light rail, streetcars and an aerial tram to the public transit mix has resulted in a 65 percent increase in ridership over the past 10 years.
Home to the father of American gastronomy, James Beard, it is no surprise that Portland was named one of the country’s top 10 “Eating Towns” by the Huffington Post in 2012, and its restaurants are regularly written up in Food & Wine and Bon Appetit magazines. Portland’s proximity to the lush Willamette Valley provides farm-fresh ingredients, allowing for an amazing array of locally grown, organic ingredients that chefs around the world can only dream about. Downtown Portland has a dynamic dining scene attracting residents and tourists alike.
Tourism is booming in Portland as well, with the visitor’s association Travel Portland reporting that hotel occupancy rates are reaching the mid 80 percent range and average daily room rates are rising. Portland continues to rank as a leading tourist destination for domestic and international travellers. Over 15 hotels are under development in the Central City as of 2016.
Facts about Portland:
• Portland Metro population ranks 24th nationally.
• City of Portland population: 619,000; Portland Metro Area: 2.35 million
• More than 96,000 employees work in downtown Portland
• 140,000 residents live in a three-mile radius of downtown
• 33 % of the area’s adults have a college education or higher, compared to the national average of 24 %
• 30,000 students attend Portland State University downtown
• Visitors made approximately 8.4 million trips in 2014
• Visitors stayed an average of 2.1 days
• Visitors spent $4.6 billion in 2014, with $390 million going to retail goods
• Average visitor age is 42 years
• 25 percent of tourists have an average income between $50,000 and $75,000 per year
• There are 13 four-star, luxury hotels in downtown Portland, with 5,000 hotel rooms
• Visitors spent $921 million on food and beverage services in 2014

Use of financing

$500,000 of funding is needed over the next year for rent, renovations, furniture, kitchen equipment, liquor license, food & restaurant supplies, legal fees, working capital, marketing and personnel.

Opportunity for the investor

For debt investment, expected payback of full loan and interest is within a period of 5 years with 10-15% ROI
For Equity Investment, a 70/30 deal is offered however this is negotiable.

Please note that depending on the size of the investment we can point you in the right direction towards your EB-5 visa to the USA.

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