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Accommodation & Food Services

Local Dive Bar with Exceptional Lottery Revenue!

Multnomah County, OR, USA
Updated 1 day ago

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.

Olcc

FOP

Hours

7 days a week from 7 AM – 2:30 AM

Lease

$4908 NNN

Staff

Long-term, experienced

Sq. Ft

3406

Lottery

Yes

Property

No

Amenities

Two pool tables

Clientele

Loyal local

Operation

Turnkey

Keno Sales

Included in lottery net

Down Payment

$200K

Lease Option

One additional five-year option

Lease Expiration

2-28-2030

Lottery Net Revenue 2024

$233K

Lottery Net Revenue 2025

$253K

Years Operated By Current Owner

16 years

Reason for Selling

Owner ready to retire

Financials

Asking Price
$750K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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