Small Bar with High Lottery Net!
Just listed! A local popularbar has established clientele that is known as the place to be in Portland. There are 6 Lottery machines which did a net of $185k in 2021 and a net of $64k January through May of 2022. Location has 1500 square feet, small cooking area, pool table, seating for 40 and can be ran by one employee per shift. There are 3 employees including Seller. Seller works in location 30 hours per week. Hours are of operation are 2:00 p.m. until 2:30 a.m. 7 days per week. There is room for additional Lottery play and sales by opening up during the day. Lease is $2152.70 per month plus and additional $838.77 for cam charge. Lease expires October 31, 2024. Landlord will give additional five-year option. This would be fantastic for an on premise owner or an investment opportunity as this is a turn key operation! All Buyer’s will be required to verify funds and credit.
Olcc
FOP
Lease
$2992 NNN
Sq. Ft
1500
Lottery
Yes
Property
No
Employees
3 including Seller
Lease Option
additional five-year option
Seller Works
30 hours per week
Lease Expires
October 31, 2024
Lottery Net 2021
$185k
Hours Of Operation
2:00 p.m. until 2:30 a.m. 7 days per week
Lottery Net January Through May 2022
$64k
Financials
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

Fully Remodeled Fast Casual Restaurant Q1 2025
