Profitable Bar with high lottery net!
$475,000
$125K Down
Multnomah County
Sq. Ft: 1512
Lease: $5,100 NNN
OLCC: FOP
Lottery: YES
Property: No
Just listed!
Discover a unique opportunity to own a thriving bar in the heart of Portland, known for its vibrant atmosphere and high lottery sales. This establishment combines the perfect blend of great food, exceptional drinks, and a loyal customer base, making it a cornerstone of the community.
Key Highlights:
– Prime Location: Situated in a bustling area with high foot traffic, ensuring a steady stream of customers and visibility.
– High Lottery Sales: This bar is a top performer in lottery sales, attracting both regulars and newcomers eager to try their luck. Lottery net in 2024 was $$262k. Lottery net for 2025 through February is $33k.
– Easy to Run: Streamlined operations with efficient systems in place make for an easy-to-manage business, perfect for an off-premises owner.
-Location currently has 5 employees.
– Exceptional Offerings: The bar is celebrated for its simple bar food and delicious crafted drinks, creating a memorable experience that keeps patrons coming back.
-Full Olcc license serving no minors.
-Full kitchen with hood system makes the possibilities for additional food sales endless.
– Location has 1512 square feet and on-premises parking.
-Lease is $5100 per month with an additional $1000 cam fee. Lease expires 2028 with one additional five-year option.
– Growth Potential: With a solid foundation already in place, there’s ample opportunity for further growth through expanded marketing efforts, events, or additional offerings.
This successful bar represents a rare opportunity for the right buyer to step into a well-oiled operation in a sought-after location. Don’t miss your chance to own a piece of Portland’s vibrant nightlife!
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