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New bar/restaurant in emerging location.

Portland, Oregon (Multnomah County)

Retail - Bars/Taverns | Retail - Restaurants

Asking Price $140,000 Inventory $3,000** 
Gross Income $320,000 Real Estate  
Cash Flow Not Disclosed Year Established 2008
FF&E $150,000* Employees 5

* included in the asking price

** not included in the asking price

This is a great little bar facility in an area that has emerged as one of the up and coming locations in PDX. Other well qualified and notorious operators have located nearby and are doing very well. Sales at this operation are improving every month. June was the strongest month on record. Although the potential is clearly demonstrated on the street and in the numbers, the owners were first time buyers and have concluded that business ownership is just not for them. Good opportunity for working bartender, owner to make a good living.

Attachments: Download additional information (PDF)

Facilities: Recently received some press for local Newly remodeled kitchen and facility. 1800 square feet, $2215/mo Gross (no NNN) rent. Minor rent increases defined through 2017.

Competition: Definitely great location and lease. Sales are increasing steadily in spite of the economy. The neighborhood has seen recent strong operations move in.

Growth/Expansion: Opening for lunch, expanding offerings, adding lottery, working the bar every night, these would all improve sales and profits even more.

Financing: Yes, terms depending on strength of buyer

Support/Training: As much as needed -Seller is open.

Reason Selling: First time owner - going back to real job

Business For Sale By

Dean Vacheresse

503-830-3963

Marlin Group

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