Lottery Location with 6 Machines! $135K Cash
Just listed! Popular location in Multnomah County located in busy strip mall that is popular with all of the locals. Venue is currently American and Chinese appetizers and small plates. Location has two employees. There are 6 lottery machines which did a net of $104k in 2022 and a net of $75K through October of 2023, brand new hood system in kitchen, 1330 square feet, seating for 36, full liquor license and much more. Lease is currently $1886 plus NNN charges. Lease expires on 3-31-2025 with one additional five-year option. Lease deposit is $1943. Hours of operation are 11:00 a.m. until 11:00 p.m. 7 days per week. This location would suit any venue and can be ran with one employee. Seller will discount for cash for $130k. All Buyers will be asked to verify funds and credit. No Broker Inquires Please.
Olcc
FOP
Lease
1886 NNN
Sq. Ft
1330
Lottery
YES
Property
NO
Employees
2
Down Payment
$70K
Lease Deposit
$1943
Lease Options
One additional five-year option
Liquor License
Full
Lease Expiration
3-31-2025
Lottery Net 2022
$104k
Seating Capacity
36
Hours Of Operation
11:00 a.m. until 11:00 p.m. 7 days per week
Cash Discount Price
$130k
Lottery Net Ytd Oct 2023
$75K
Financials
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