Lounge with 6 Lottery Machines!
Just Listed! Popular lounge known for their craft cocktails with 1586 sq. ft., 6 Lottery machines which did a net of $130k in 2021 with being closed for almost three months, pool table, small cooking area (no commercial hood), camera system, all equipment included and is known the place to be in Portland. There are four employee’s and an off premise owner. Seating inside for 30 to 40 people and seating for 16 outside. Hours of operation are Noon to 2:30 a.m. seven days a week. Lease is $4571 including all triple net charges and expires in 2023. There is currently an additional five year option with a $3284.47 lease deposit. Landlord is willing to give new Buyer a new lease. This business is turn key and ready to go!
Olcc
FOP
Lease
$4571 NNN
Sq. Ft
1586
Lottery
Yes
Property
No
Employees
4
Lease Option
5 years
Lease Deposit
$3284.47
Lease Expiration
2023
Lottery Net 2021
$130k
Financials
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