Local Dive Bar with Exceptional Lottery Revenue!
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
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