$195K
75K Down
Portland, Oregon
Sq. Ft: 4000
Lease: $4200
OLCC: LOP
Property: No
Lottery: Yes
Just listed! Popular local Bar and Grill that is popular in the Portland area and is known for their delicious American food and cocktails. There are four Lottery machines which have done a net of $70k thru November of 2022 (location is approved for a 5th machine when available from Lottery), 4000 square ft, full kitchen, full Olcc license, pool tables, seating for 100, outside patio area with 30 seats, excellent staff and cooks, off premise owner and is a turnkey operation! There are five employees, three bartenders and two cooks. One of the bartenders can do management duties. Hours of operation are Sunday through Wednesday 3:00 p.m. until midnight and Thursday through Saturday 3:00 p.m. until 2:00 a.m. Seller is an off premise and takes a salary of $45k per year. Lease is $4200 gross and expires on December 3rd of 2024. New five-year option will be $5,000 gross with an additional five year option after that. Lease deposit is $5,000. This is location is established and has room for growth by opening additional hours. Seller will discount for cash! All Buyers will be asked to 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