Profitable Bar with Lottery!
JUST LISTED! Popular Sports Bar that has been a local hotspot in Portland for years! This location has 3714 square feet, room for dancing & karaoke, kitchen area with auto fry machine, pool tables, 6 Lottery machines that are spaced 6 feet apart for social distancing which did a net of $170k in 2019, a net of $98k in 2020 and a net of $43k for current year through May 2021. Owner is off premise and currently has 5 employees. Hours of operation are 11:00 a.m. until 2:30 a.m. Wednesday thru Saturday and noon to 8:00 p.m. Sunday thru Tuesday. Lease is $4437.39 per month plus $1687.54 for CAM charge making the total rent $6124.93 per month. Current lease is for 5 years with an additional 3 year option. This is a great investment for an off premise owner or would be great for an on premise owner as well. This is a turn key operation that makes money! For additional information go to WILTSEYBARS.COM All Buyers will be asked to sign a confidentiality agreement and verify funds.
Olcc
FOP
Lease
$4437.39 NNN
Sq. Ft
3714
Lottery
Yes
Property
No
Employees
5
Cam Charge
$1687.54 per month
Lease Term
5 years with an additional 3 year option
Down Payment
$75K
Lottery Net 2019
$170k
Lottery Net 2020
$98k
Hours Of Operation
11:00 a.m. until 2:30 a.m. Wednesday thru Saturday and noon to 8:00 p.m. Sunday thru Tuesday
Total Monthly Rent
$6124.93 per month
Lottery Net Current Year (through May 2021)
$43k
Financials
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