Historic Restaurant on Scenic Byway

Asking Price$750,000

Cash Flow
$23,908
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$663,242

Inventory$14,300
Included in asking price
FF&E$104,849
Included in asking price
Real Estate$930,000
Included in asking price
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Historic Restaurant on Scenic Byway


Asking Price$750,000

Cash Flow
$23,908
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$663,242

Inventory$14,300
Included in asking price
FF&E$104,849
Included in asking price
Real Estate$930,000
Included in asking price
Business Description
Located on a scenic byway, this historic restaurant has a ton of metro charm and a varied menu of good, home-style food, Oregon lottery and an Oregon liquor license. Customers include locals, travelers and tourists, many who have been stopping at the restaurant for over 20 years. The real estate and business are priced together below asset value of the real estate. This is a great opportunity for an owner/operator.
About the Business
Years in Operation
99
Facilities & Assets
The basic construction of the building is wood frame situated on highway frontage that connects major tourist and local travel. There are three separate buildings: the restaurant, a previous apartment that is used as office space and a smaller storage building. There is deferred maintenance on the restaurant.
Market Outlook / Competition
While there are other eateries along the scenic byway, there is nothing that compares with the history and charm of this restaurant and bar.
Opportunities for Growth
It's the Owner's opinion that sales could more than double with a qualified breakfast chef.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
The Owners are retiring.
Transition Support
Will train for 4 weeks @ $0 cost.
Listing Info
ID
2418508
Listing Views
9

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Business Listed by: Linn Crader Murphy Business - Pacific Northwest & Los Angeles

Listing ID: 2418508 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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