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Popular Bar in great location

Central Oregon, Oregon (Deschutes County)

Retail - Bars/Taverns | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price $175,000 Inventory $1,000** 
Gross Income $396,000 Real Estate  
Cash Flow $79,000 Year Established 1999
FF&E $52,000* Employees 1 ft, 8 pt

* included in the asking price

** not included in the asking price

This bar has a great location that attracts both the local and tourist business. Located in the heart of one of Central Oregon s busiest commercial areas, this location has seen years of success with no slowdown in sight. This is a turnkey operation with trained and experienced staff in place. The seller has built a strong business that is still growing even in the recent economy. The Seller works the business on a semi-absentee basis, primarily working the money and books about 1hour a week. If you are looking to get into the Central Oregon bar business, this is a great opportunity.

Facilities: This business has one of the best locations in all of Central Oregon. The seating capacity of the facility is 99 patrons plus 30 on patio. 1,300 sq. ft. inside plus outside patio.

Competition: This location caters to both the local community and vacationers alike. The seller has relied on word of mouth and signage to grow the business.

Growth/Expansion: The seller has not had much need to market the business due to the business volume. But there are slow days so a new owner could focus on brining in a crowd the off days via a new marketing campaign.

Seller Financing Available: Yes

Financing: Available for qualified buyers

Support/Training: Seller is willing to stay on and train a new owner and introduce all business relationships, terms to be negotiated. There is responsible and experienced staff that can run the business on their own but the seller acts as the final word for management decisions. There are 1 full-time and 8 part-time employees that are paid between $8.40 to $11 an hour.

Reason Selling: Other ventures.

Business For Sale By

Peter May

541.383.2444

Compass Commercial

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