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Accommodation & Food Services

Popular Sports Bar with 6 Lottery Machines!

Portland, OR, USA
Updated 1 day ago

Just Listed! Popular Sports Bar with the local community that is known for their specialty cocktails, crafted beer and food of the finest American fare. There is 3750 sq. ft, full kitchen, seating for 100, pool tables, 7 big screen tv’s, a 133″ 4 k projector and 6 Lottery machines that did a net of $159k in 2021 and 61K net from January to May 2022. Seller has updated the entire location and purchased new equipment including a new POS system. There is also a brand new stage which could be used for live music or karaoke. All equipment is included in sale. Hours of operation are 11:00 a.m. to midnight Sunday through Thursday and 11:00 a.m. until 1:00 a.m. on Friday and Saturday. There are 9 employees including 3 cooks. Lease is $6750 per month including triple net charges and ATM lease. Seller receives profits from the ATM which helps with lease payment. Lease expires on 2/24 and Landlord will give a new five-year lease. This location is a turn key operation and a great opportunity! Additional revenue could be made by extending business hours. For additional information go to WILTSEYBARS.COM. All Buyers will be asked to verify funds and credit. This office does not co-op with other brokers.

Olcc

FOP

Lease

$6750 NNN

Sq. Ft

3750

Lottery

Yes

Property

No

Employees

9

Down Payment

$100K

Lottery Net 2021

$159k

Lottery Net Jan-may 2022

$61K

Financials

Asking Price
$280K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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