Local Dive Bar with Exceptional Lottery Revenue!
Business Description
Just listed! This iconic Portland neighborhood dive bar is the local go-to gathering spot where great drinks, great food, and great people come together. Known for its welcoming atmosphere and diverse crowd, this beloved bar has built a loyal following and continues to be a thriving destination for locals looking to unwind, socialize, play some pool, play some vide poker, and enjoy a fantastic night out.
The bar features a wide selection of beers, craft cocktails, and satisfying pub fare, making it a reliable hot spot for regulars and new patrons alike. With its authentic dive-bar charm and strong community presence, this location has become one of the most popular neighborhood hangouts in the area.
A major highlight of this opportunity is the six lottery machines producing extremely high lottery net revenue, making this an exceptionally strong income-producing location. Combined with excellent Keno sales, this business offers multiple high-performing revenue streams.
Key features include:
• 6 lottery machines with outstanding lottery net revenue which did approximately $233K in 2024 and approximately $253K in 2025.
• Strong Keno sales which are included in the lottery net
• Turnkey operation – easy to run
• Long-term, experienced staff in place
• Excellent lease at $4908 per month including triple net charges. Lease expires 2-28-2030 with one additional five-year option.
• Established reputation with loyal local clientele
• Open 7 days a week from 7 AM – 2:30 AM
• Two pool tables
The current owner has successfully operated this location for 16 years and is now ready to retire, creating an incredible opportunity for a new owner to step into a proven, profitable business.
With its strong sales, loyal customer base, and prime neighborhood presence, the growth potential here is endless. Whether maintaining the successful formula or expanding offerings and promotions, this bar is positioned for continued success.
If you’ve been looking for a profitable Portland bar with outstanding lottery revenue and a built-in customer base, this is the opportunity you’ve been waiting for. For additional information go to WILTSEYBARS.COM.
All buyers will be required to sign an NDA, verify funds and credit.
No Broker inquiries please.
The information provided has been obtained from sources we consider trustworthy; however, we do not make any guarantees, either expressed or implied, regarding its accuracy. Mentions of square footage, age, or other approximations should be independently verified by the user, who assumes all responsibility for any inaccuracies.
The bar features a wide selection of beers, craft cocktails, and satisfying pub fare, making it a reliable hot spot for regulars and new patrons alike. With its authentic dive-bar charm and strong community presence, this location has become one of the most popular neighborhood hangouts in the area.
A major highlight of this opportunity is the six lottery machines producing extremely high lottery net revenue, making this an exceptionally strong income-producing location. Combined with excellent Keno sales, this business offers multiple high-performing revenue streams.
Key features include:
• 6 lottery machines with outstanding lottery net revenue which did approximately $233K in 2024 and approximately $253K in 2025.
• Strong Keno sales which are included in the lottery net
• Turnkey operation – easy to run
• Long-term, experienced staff in place
• Excellent lease at $4908 per month including triple net charges. Lease expires 2-28-2030 with one additional five-year option.
• Established reputation with loyal local clientele
• Open 7 days a week from 7 AM – 2:30 AM
• Two pool tables
The current owner has successfully operated this location for 16 years and is now ready to retire, creating an incredible opportunity for a new owner to step into a proven, profitable business.
With its strong sales, loyal customer base, and prime neighborhood presence, the growth potential here is endless. Whether maintaining the successful formula or expanding offerings and promotions, this bar is positioned for continued success.
If you’ve been looking for a profitable Portland bar with outstanding lottery revenue and a built-in customer base, this is the opportunity you’ve been waiting for. For additional information go to WILTSEYBARS.COM.
All buyers will be required to sign an NDA, verify funds and credit.
No Broker inquiries please.
The information provided has been obtained from sources we consider trustworthy; however, we do not make any guarantees, either expressed or implied, regarding its accuracy. Mentions of square footage, age, or other approximations should be independently verified by the user, who assumes all responsibility for any inaccuracies.
About the Business
- Years in Operation
- 16
- Employees
- 8 Part-time
Seller works 20 hours per week
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,406
- Rent
- $4,908.00 per month
- Lease Expiration
- 2/28/2030
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The seller will negotiate training to facilitate a smooth transition and takeover.
- Financing Options
- The Seller will carry a contract with $200k down. NO SBA Loans
Listing Info
- ID
- 2477917
- Listing Views
- 9
Listing ID: 2477917 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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