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Accommodation & Food Services

Neighborhood Bar & Grill

Portland, OR, USA
Updated 1 day ago

Popular neighborhood bar with established clientele who is known for their great service and fantastic food! With 4000 square feet, full kitchen with hood system, seating for 108 inside and 30 outside, large outdoor area with fire pit, pool tables, 4 Lottery machines which did a net of $35k in 2018 and a net of $13k thru 7/27/19, this location has enormous potential and room for growth. The hours of operation are Monday’s thru Thursday’s 4:00 p.m. until midnight and Saturday’s and Sunday’s 10:00 a.m. until 12:30 a.m. There are 5 employee’s and an off premise owner. Lease is $4200 gross for 5 years with an additional 5 year option. There is opportunity for additional income by opening during the day and extending closing hours. All Buyer’s will be asked to verify funds and credit.

Olcc

FOP

Lease

$2887 NNN

Lottery

Yes

Employees

5

Lease Term

$4200 gross for 5 years with an additional 5 year option

Down Payment

$30K

Sba Financing

No

Square Footage

4000

Property Included

No

Lottery Net Income

$35k in 2018 and a net of $13k thru 7/27/19

Financials

Asking Price
$100K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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