Thriving Bar in Downtown Medford

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Profitable, turnkey establishment!
Asking Price:
$379,000

Gross Revenue:
$805,000
Cash Flow:
$140,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

An institution in Southern Oregon’s wine country, Jefferson Spirits is presenting a rare opportunity for you to become its new owner. A favorite among locals and tourists alike, this profitable, turnkey, upscale bar already has a thriving location in downtown Medford, and is primed to franchise its well-established brand. Everything you need to continue building upon the legacy of Jefferson Spirits is provided in the sale, including an amazing staff, a vast inventory of carefully curated spirits, a large social media following, as well as a long-term lease in its current location - an empty shell brought to life with the vision of a warm and welcoming atmosphere where guests can enjoy superb whiskey and thoughtfully crafted cocktails. A renowned local chef, housed in an adjacent space downstairs, would afford you the rare option of food service without increasing your overhead. The work has already been done for you, so don’t miss your chance to step into this phenomenal, thriving business opportunity!

About the Business

Year Established:
2013
Number of Employees:
3 FTE; 3 PTE
Real Estate:
Leased
Building Sq. Ft.:
3,400
Rent:
$2,200.00 Per Month
Facilities:
3400 s.f. leased space completely built out by tenants with bars on both levels. Everything needed to continue operations is included in the sale. Detailed list of FF&E available upon request.
Website:
www.jeffersonspirits.com
Market Outlook/
Competition:
Great downtown Medford location with a well-established presence, and countless local regulars.
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About the Sale

Training/Support:
Seller and staff are willing to train buyer and help with the transition.

Listing Info

ID:
1449975
Ad Detail Views:
0

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Business Listed by
Rushell Wood

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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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