Local Tavern w/lottery

Lane County, OR

Local Tavern w/lottery

Asking Price:$259,000

Cash Flow:$85,608

Gross Revenue:$266,123

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Local Tavern w/lottery

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Business Description

This is a very busy tavern business that has a full kitchen and six lottery machines. Additionally, it has a nice covered smoking area outside. It is a well- furnished and arranged business with a very nice bar and back bar with a dance floor available. The kitchen is able to accommodate a full breakfast, lunch and dinner. Real property is not included. It is a leased premise. Billiards and darts are available. They have 12 flavors of beers and growlers on tap.

The sales price is $259,000 plus inventory which is estimated to be $9,000 (at cost). It requires $75,000 + inventory in cash down at closing and is payable in equal monthly installments of $1,995 including interest of 5.5% per annum.

Detailed Information

Employees:
8
Facilities:
This business is located in an extremely well -traveled intersection in the Eugene-Springfield area. It is very visible and is easily accessible to lots of available paved spaces.
Reason for Selling:
The seller and wife are of retirement age and plan to “go on vacation”

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Ken Larson

Business Listed By:
Ken Larson

Oregon Business Properties

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