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Accommodation & Food Services

Popular Local Bar with Lottery

Multnomah County, OR, USA
Updated 1 day ago

This thriving local bar is a community favorite, boasting an established presence and a loyal clientele that makes it the go-to destination for great food, drinks and to play some video poker. With a spacious layout of 1,512 square feet, it maintains a relaxed and friendly vibe that encourages patrons to unwind and enjoy their time. Located in a high-traffic area, the bar attracts a diverse clientele, ensuring a consistent flow of customers. One of the unique features is the bikini drive-through, offering an innovative revenue stream and additional convenience for guests. The establishment benefits from running “The Fried Spot,” a kitchen specializing in delicious fried food that satisfies the cravings of bar patrons, enhancing the overall experience. With a full OLCC license and six lottery machines, the bar provides numerous entertainment options, contributing to its popularity in the community. The presence of full-time staff ensures smooth operations and high-quality service, while the established clientele creates endless opportunities for growth and success. This bar is not just a business; it’s a thriving community hub with tremendous potential. This bar’s prime location offers incredible potential for various revenue streams, making it an ideal venture for an on-premises owner or someone looking to add their unique touch. With the existing bikini drive-through and “The Fried Spot” kitchen, there’s already a solid foundation for profitable operations. The diverse atmosphere and established clientele provide opportunities which can draw in even more customers. Additionally, marketing strategies tailored to the local community can further enhance engagement and loyalty.

Olcc

FOP

Lease

$5253 NNN

Sq. Ft

1512

Kitchen

Full hood system and kitchen

Lottery

Yes

Property

No

Down Payment

$70K

Building Type

Free standing with onsite parking

Lease Deposit

$10,000

Lease Expires

8-17-2029

Lease Options

two additional five-year option

Hours Of Operation

10:00 a.m. until 2:00 a.m. seven days per week

Lottery Net (2024)

$264k

Lottery Net (2025)

$189k

Employees (part-time)

Six

Lottery Net (may 2026)

$76k

Financials

Asking Price
$370K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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