$780,000
$200K Down
Multnomah County
Sq. Ft: 5000
Lease: $12000 NNN
OLCC: FOP
Lottery: YES
Property: No
Step into a thriving business that has been a beloved fixture in the community for over five decades. This well-established bar is perfectly positioned to attract patrons from nearby entertainment venues and stadiums. With a prime location, it serves breakfast, lunch, and dinner, creating a welcoming atmosphere for locals and visitors alike.
Key Features:
– Lottery Games: Attracting a steady stream of customers every day.
– Six lottery machines which did a net of $218k in 2024.
– Live Music: Enjoyed seven days a week, enhancing the vibrant ambiance.
– Simple American Menu: A favorite among locals, appealing to a wide range of tastes.
– New HVAC System: Ensuring comfort for guests year-round.
– Full Kitchen: Equipped for high-volume service and culinary excellence.
– Spacious Layout: 5,000 sq. ft. with a full-size basement with walk in and grease trap.
– On-Premises Parking and off-street parking: Convenient for patrons.
– Seating Capacity: Accommodates 195 guests comfortably.
– Dedicated Staff: With a phenomenal kitchen manager and a team of 20 employees.
– Business Hours: Open from 7 AM to 2:30 AM, maximizing revenue potential.
-Lease: $12,000 NNN for five years with a 3% annual increase with one five-year option.
-Security deposit $12,000
-Inventory on premises: Approximately $30,000
-Seller will give First Right of Refusal on Real Property!
This turnkey location offers an incredible business opportunity for new owners to step in and continue the legacy of this cherished establishment. Whether you’re an experienced operator or a first-time buyer, this bar is ready for you to take the reins and drive its success forward.
Don’t miss your chance to own a piece of local history and a thriving business! Contact me today for more details!
All buyers will be asked to verify funds, credit and sign an NDA.
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