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

Asking Price	$625,000	Inventory	$2,000*
Gross Income	$235,000	Real Estate	$575,000*
Cash Flow	$50,000	Year Established	2006
FF&E	$100,000*	Employees	5

* included in the asking price

** not included in the asking price

The asking price assumes acquisition of the real and personal property to begin operation of a new bar. However, there is tremendous value to the current operation being a bar concept in that all licenses are in place, the build out is beautiful, it is a turnkey operation. Currently the bar is operating Wednesday to Friday at 5pm, Saturday from 8pm. The bar does carry a Full On Premise OLCC license and offers simple food that is accommodated by a small kitchen and self-venting hoods. (No grease or open flame is used). A full bar with ample refrigeration, capable of accommodating a large crowd is installed along with comfortable seating and good sound equipment.

Facilities: Fantastic opportunity to own a bar and real property. Located in NW Portland with very desirable real estate.

Competition: Great high density area.

Growth/Expansion: Clearly the area is established and NW Portland will continue to thrive. Catering to the local residents and developing relationships to grow the business will grow the sales.

Financing: Based on strenght of buyer

Support/Training: Owner will train.

Reason Selling: Other business opportunity