North Oregon Coast Restaurant - Heart of Boat Basin in Port Town!

Garibaldi, OR (Tillamook County)

The Troller Restaurant & Lounge

Asking Price:$400,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:N/A

North Oregon Coast Restaurant - Heart of Boat Basin in Port Town!

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Business Description

The Troller Restaurant is well established and has been in the hands of the current owners since 1987. While sad and happy they are retiring, they acknowledge they are passing on a legacy. Loved by the locals and frequented by early-morning fisherman and lazy afternoon tourists, the thing you can depend on is a hot and hearty meal with an absolutely fantastic view. Inside is well-maintained, clean and ready for the seasons that bring hoards of folks ready for fun and adventure. Centrally located right on Mooring Road, the only road down the Port of Garibaldi, the large bay windows allow you to be immersed in daily port and marina life.

Built for a 2nd floor addition, this 4,243 square foot kitchen, bar, restaurant and office could be expanded or better yet, as retail space to receive a monthly income. Space accommodates approximately 75 with direct views of the Port of Garibaldi, the Tillamook Bay and the beautiful mountains surrounding the town. The historic wood bar is a hit inside a dark, cozy and friendly lounge. The Troller is on a long term lease with the Port of Garibaldi.

Garibaldi is a port town nestled at the northern end of Tillamook Bay, gateway to the magnificent Pacific Ocean. At the marina, commercial fisherman sling fresh Dungeness crabs, Ling cod, Rockfish, and even Octopus up to the docks, sport fishermen tell tales at the filet table about their record Chinook, kayakers paddle out to look for Bald Eagles, Pigeon Guillemots, and Purple Martins, while gulls circle above and harbor seals surface to see whats going on. The steamer train blows its horn, children laugh at the playground, and, if you listen real hard, you might hear talk about that secret spot to dig up a limit of butter clams. Walking distance from the marina are four motels, RV parks, vacation rentals, and a maritime museum are all part of this quaint coastal town of 1,000. See 360 Virtual Photographic Tour: www.kvtours.com/p/TheTroller.html

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Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
Approx. 75 Seat Restaurant/Bar, just off Hwy 101. Building Size: 4243 SF. Lot Size: 0.12 Acres. Parking: Ample On-site. Built for addition of second floor. Only 1.5 hours from Portland. Perfectly situated in heart of Port Business District, adjacent to public boat launch. Direct Views of the Port of Garibaldi, Tillamook Bay and the beautiful mountains surrounding the town. Long term land lease with Port of Garibaldi (POG). Historic wood bar in the popular lounge. Make this your own destination restaurant in a sport fishing mecca.
Competition:
Only full service restaurant and bar in the Port of Garibaldi marina.
Growth & Expansion:
Building was established to add second floor and take advantage of Bay and marina views.
Reason for Selling:
Retiring

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Valerie Schumann

Business Listed By:
Valerie Schumann

Berkshire Hathaway HomeServices Northwest

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