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Well Established Sports Bar
| Asking Price: | $395,000 | Inventory: | $30,000 ** |
| Gross Revenue: | $900,000 | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | $126,905 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Located on the beautiful Central Oregon Coast in high traffic area. Well known to locals and tourist. Award winning Karaoke nightly with live music on most weekends. Excellent Oregon Lottery profits Famous for all you can eat fish & chips. Shuffletable, dart board, pin ball & golf games, 2 pool tables
About the Business
Year Established:1960
Employees:13 full time -
Facilities:Business is 4610 sq. ft. with 2862 sq. ft. of storage space upstairs, full service kitchen with recent extensive remodel and in A-1 condition, pool and game rooms, remodeled dining area. 6 Oregon State Lottery machines. Rear entrance area that has been approved y OLCC for a "Beer Garden".
Market Outlook and Competition:Business is very located on busy State Highway 101 on the Westside. Is longest established bar in the Newport downtown area with faithful clientele. More seating area could possible be added in upstairs area
About the Sale
Management Training and Support:Owner will train and/or stay as silent partner
Reason For Selling:Owner retiring for second time
Seller Financing:$200,000 down sell terms available. Owner willing to sell to working partner
Sell Your Business | This listing has been viewed 195 times
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State: Oregon
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