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Accommodation & Food Services

Popular Bar & Grill with Lottery!

Clackamas County, OR, USA
Updated 1 day ago
Established 1923

Just Listed! After 20 years Sellers are retiring! Established well known Bar that is popular with all the locals and surrounding areas for being a staple in the community since 1923, their gorgeous 20 foot back bar, fantastic food, specialty drinks and pool leagues. This location has 2944 square feet, full kitchen with hood system, full liquor license, 5 Lottery machines which did a net of $58k in 2021 and a net of $36k through October of 2022. This is the hot spot to play pool on one of their four pool tables or join one of their leagues or tournaments. Karaoke is also another popular attraction on Saturday nights. There is a solid long term staff in place with 8 employee’s. Hours of operation are 11:00 a.m. until midnight Tuesday through Sunday and closed on Monday. Lease is $5439 per month including triple net charges. Additional revenue can be made by opening additional hours. This is a great opportunity and is turn key operation. All Buyers will be asked to verify funds and credit. Seller will discount price for cash to $125k!

Olcc

FOP

Lease

$5439 NNN

Sq. Ft

2944

Lottery

Yes

Property

No

Employees

8

Cash Price

$125k

Down Payment

$30K

Lottery Net 2021

$58k

Hours Of Operation

11:00 a.m. until midnight Tuesday through Sunday and closed on Monday

Lottery Net Oct 2022

$36k

Reason for Selling

After 20 years Sellers are retiring!

Financials

Asking Price
$145K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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