Neighborhood Downtown Bar & Grill with Lottery!

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Asking Price:
$125,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Just listed! Neighborhood Bar & Grill located in downtown Portland in prime spot known for their great food, cocktails and customer service. There is 2500 sq. ft., outside seating for 30 with sidewalk permit, full kitchen with hood system, 4 Lottery machines which did a net of $42k in 2018 and a ytd thru 7/29/19 of $29k, pool tables, darts and much more! There are currently 6 employee's including Seller which works 24 hours per week. Lease is currently $5802.42 NNN and expires 2020. Landlord will negotiate new 5 year lease. Hours of operation are 2:00 p.m. until 2:30 a.m. Monday's thru Friday's and 10:00 a.m. until 2:30 a.m. on Saturday's and Sunday's. This would be great for an on premise owner or would suit any theme. For additional information go to WILTSEYBARS.COM. All Buyer's will be asked to sign confidentiality agreement and verify funds.

About the Business

Location:
Portland, Oregon
Year Established:
2010
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
2,500
Rent:
$5,802.42 Per Month
Lease Expiration:
7/1/2020
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About the Sale

Reason For Selling:
Other business's
Training/Support:
Seller will train new Buyer
Seller Financing:
Seller will carry contract with $45k down. NO SBA Loans

Listing Info

ID:
1657879
Ad Detail Views:
0

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Business Listed by

Tina Wiltsey-Trevizo

Wiltsey & Associates, Inc.
License# 900600050

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