Chinese Restaurant with Lottery

Asking Price$276,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Spacious Seating
Chinese Restaurant
Oregon Video Lottery
Full Service Bar
Pool Tables
Chinese & American
Spacious Seating
Chinese Restaurant
Save1/6

Chinese Restaurant with Lottery


Asking Price$276,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
$149,000 Price Reduction!
ESTABLISHED CHINESE RESTAURANT & LOUNGE

FINANCIAL PERFORMANCE:
This 4,560 sq ft hospitality operation demonstrates strong diversified revenue generation through three primary income streams. Video lottery operations alone contribute $162,000+ in verified net annual revenue over a documented three-year performance period, representing approximately 40-50% of total revenue mix based on industry benchmarks for similar establishments.

OPERATIONAL EFFICIENCY:
- Facility utilization: 50+ seat capacity across dining and lounge areas
- Operating schedule: 91 hours weekly (11 AM-2 AM, 7 days)
- Kitchen efficiency ratio: 20-foot commercial hood system with integrated fire suppression
- Storage optimization: Walk-in cooler/freezer units plus dedicated dry storage
- Beverage profit margins: Full liquor license enabling high-margin alcohol sales

REVENUE:
Primary Income Sources:
1. Food service operations (lunch/dinner periods)
2. Beverage sales (full bar service)
3. Gaming revenue: 6 lottery machines generating $162,000+ net annually
4. Entertainment revenue: 2 pool tables

COST STRUCTURE:
- Triple net lease includes water/sewer utilities (significant operational savings for restaurant operations)
- Ample off-street parking reduces customer acquisition friction
- Established customer base minimizes marketing acquisition costs

FACILITY:
- 4,560 sq ft operational space
- Commercial kitchen with safety compliance systems
- Full bar infrastructure
- Entertainment amenities

MARKET POSITION:
Located in Milwaukie market with established three-year revenue history demonstrating business stability and customer loyalty. Multiple revenue streams provide risk mitigation compared to single-source hospitality operations.

TRANSITION OPPORTUNITY:
Owner retirement creates acquisition opportunity for immediate cash flow generation. Established operations, existing customer base, and proven revenue streams support seamless ownership transition.

DUE DILIGENCE REQUIREMENTS:
Confidentiality agreement required for detailed financial documentation review.
About the Business
Years in Operation
13
Employees
7 Part-time
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,559
Rent
$8,149.00 per month
Lease Expiration
7/31/2026
About the Sale
Seller Motivation
Retirement
Transition Support
Negotiable
Financing Options
$150,000 down with 120 monthly payments of $3,336.51 including 8.00% interest per ann
Listing Info
ID
2467714
Listing Views
560

Contact Seller

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Business Listed by: Mike Chapin First Class Business Sales

Listing ID: 2467714 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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