Back to businesses for sale
Accommodation & Food Services

Profitable Bar with Lottery!

Portland, OR, USA
Updated 1 day ago

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

Asking Price
$200K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

Profitable Franchise Juice & Coffee Café with Expansion Rights

Profitable Franchise Juice & Coffee Café with Expansion Rights

Broward County, FL, USA
Updated 13 hours ago
Verified about 14 hours ago
Asking Price
$375K
Earnings
$139K SDE
Fully Remodeled Fast Casual Restaurant Q1 2025

Fully Remodeled Fast Casual Restaurant Q1 2025

Palm Beach County, FL, USA
Updated 13 hours ago
Verified about 14 hours ago
Asking Price
$199K
Earnings
Undisclosed
Profitable Custom Cake & Dessert Business with Catering

Profitable Custom Cake & Dessert Business with Catering

Broward County, FL, USA
Updated 13 hours ago
Verified about 14 hours ago
Asking Price
$200K
Earnings
$50K SDE