Seller Financing Available
Back facing off street parking
Interior at Video Poker/ Pool Table
Area for live music and dance floor
Gross Revenue: $500,000
Real Estate: $525,000*
* not included in asking price.
Successful Local Pub + Lottery + Real Estate!
Turnkey Business with Employees and FFE!
The Tigardville Station has been a longstanding icon in Downtown Tigard for many years. With nightly music, abundant parking, and unmatched location on Main Street directly to the MAX and bike trail, this profitable bar is a favorite of the locals and music/eclectic art scene alike.
The 2,378 square foot lounge including a pool table, Lottery machines, music, dance floor, classic bar food, and the best staff in town was visited by a strong, loyal following last year making a gross bar income of $400K in 2015 and a net lottery income of $100K. This is a turn key operation complete with FFE, staff, and loyal patrons. The owner is willing to sell the business on contract with $70,000 down payment. As a building owner as well, buyer has the opportunity to purchase the building for $525,000. Alternatively buyer can rent back for $20/NNN. With attention to detail, this bar has been maintained with TLC and has no deferred maintenance. This established business has enormous opportunity and would be great for an on premise owner or would suit an off premise owner as well. All Buyers will be asked to verify funds and credit. Do not contact patrons or employees.
Inventory: Included in asking price
Real Estate: Owned
Not included in asking price
Building Sq. Ft.: 2,378
Facilities: All Furniture, Fixtures, and Equipment are included in this sale.
Competition: This neighborhood pub is located in the heart of downtown Tigard directly next to the Max stop and bike trail. With abundant off street parking available in back of the building, patrons have the option to arrive by car, foot, bike, or train!
Growth & Expansion: Buyer can own their dream business and have the opportunity to lease or own the building for a stable, life-long income. Seller will carry the business loan with only $70,000 down payment. If Buyer chooses to buy the building instead of lease, the building purchase must be either bank financed or a cash purchase.
Financing: Seller will carry loan on business. Buyer can lease or purchase building.
Support & Training: Owner will be available for transitional training.
Reason for Selling: Selling this profitable business to retire and travel the world with my wife!
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