$425K
175K Down
Multnomah County
Sq. Ft: 1512
Lease: $4934.75
OLCC: FOP
Lottery: YES
Property: NO
Just listed! Established Bar & Grill with lottery that is easy to run and is a turn-key operation! There is 1512 square feet, full kitchen with hood, full Olcc license (no minors allowed), 6 poker machines which did a net of $240k in 2023 and net of $253k in 2022, free standing building and has an off-premises owner. There are six employees in which one of them is the kitchen manager. The cook works six hours per day and then the kitchen closes at 3:00 p.m. serving smaller items. Hours of operation are 9:00 a.m. until 2:30 a.m. seven days per week. Lease is $4934.75 per month plus triple net charges and expires 10-31-2025 with one additional five-year option. Seller will carry contract with $175k down for 5 years at 6% with a monthly payment of $4833.20. All Buyers will be asked to sign an NDA, verify funds and credit.
No Broker inquiries please.
No representation or warranties are being made as to the completeness or accuracy of any information. All buyers will be asked to verify liquid funds before receiving financial information on business. No SBA financing. Please do not contact seller, patrons or employees. Download Confidentiality Agreement