Wiltsey & Associates - Bar and Restaurant Listings

$200,000

$75K down

Portland (OR)

Sq. Ft: 3714
Lease: $4437.39 NNN
OLCC: FOP
Property: No
Lottery: Yes

JUST LISTED! Popular Sports Bar that has been a local hotspot in Portland for years! This location has 3714 square feet, room for dancing & karaoke, full kitchen, pool tables, 6 Lottery machines that are spaced 6 feet apart for social distancing which did a net of $170k in 2019 and a net of $98k in 2020 with the shutdown hours! Owner is off premise and currently has 3 employees. Two of the employees have been there for years and can manage location. Normal hours of operation are 11:00 a.m. until 2:30 a.m. 7 days per week.  Location is closing at 11:00 p.m. now due to Governors Restrictions. Lease is $4437.39 per month plus $1687.54 for CAM charge making the total rent $6124.93 per month.  Current lease is for 5 years with an additional 3 year option. This is a great investment for an off premise owner or would be great for an on premise owner as well. This is a turn key operation that makes money!  For additional information go to WILTSEYBARS.COM  All Buyers will be asked to sign a confidentiality agreement and verify funds.

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