$60K Down

Multnomah County, Oregon

Sq. Ft: 3000
Lease: $3285
Property: 1st Right
Lottery: Yes

Just listed! Established Bar that is known to have the best live music in the Portland area!  Music consists of all genre, Comedy on Tuesdays, Trivia on Thursdays and has something for everyone!  Events are booked until the end of this year. There is 3000 square feet, seating for 99, small outside seating area for 8, 4 Lottery machines which did a net of $39k in 2021 and a net of $18k thru May of 2022. There is a full kitchen with a 12 foot hood system which would suit any venue. Currently serving American food. There are currently 5 employees including one door person and a cook. Hours of operation are 3:00 p.m. until 1:00 a.m. or 2:00 a.m. depending on crowd 7 day per week. Lease is fantastic at $3285 per month including all expenses with an annual increase of $50 per year.  There is currently 4.5 years on current lease with one additional five year option.  Seller has First Right of Refusal on property! There is room for growth by extending business hours and opening during the day.  This is a turn key location and a great opportunity. All Buyers will be asked to verify funds and credit.

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