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

$Seller Financing Available

Asking Price	$395,000	Inventory	$30,000**
Gross Income	$900,000+	Real Estate	Lease**
Cash Flow	Not Disclosed	Year Established	1960
FF&E	$126,905*	Employees	13

* included in the asking price

** not included in the asking price

Located on the beautiful Central Oregon Coast in high traffic area. Well known to locals and tourist. Award winning Karaoke nightly with live music on most weekends. Excellent Oregon Lottery profits Famous for all you can eat fish & chips. Shuffletable, dart board, pin ball & golf games, 2 pool tables

Facilities: Business is 4610 sq. ft. with 2862 sq. ft. of storage space upstairs, full service kitchen with recent extensive remodel and in A-1 condition, pool and game rooms, remodeled dining area. 6 Oregon State Lottery machines. Rear entrance area that has been approved y OLCC for a "Beer Garden".

Competition: Business is very located on busy State Highway 101 on the Westside. Is longest established bar in the Newport downtown area with faithful clientele.

Growth/Expansion: More seating area could possible be added in upstairs area

Seller Financing Available: Yes

Financing: $200,000 down sell terms available. Owner willing to sell to working partner

Support/Training: Owner will train and/or stay as silent partner

Reason Selling: Owner retiring for second time