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Accommodation & Food Services

Lottery Location with 6 Machines! $135K Cash

Gresham, OR, USA
Updated 1 day ago

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

Asking Price
$150K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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