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Established Bar - Sale Pending

Portland, Oregon (Multnomah County)

Retail - Bars/Taverns

Asking Price $350,000 Inventory $18,000** 
Gross Income $705,000 Real Estate  
Cash Flow $90,000 Year Established 1999
FF&E $50,000* Employees 20

* included in the asking price

** not included in the asking price

Established bar with longterm employees.

Facilities: 3000 sq ft with base rent of 3700/month NNN, with percentage rent of 7% of sales. Nice looking facility. Established business and cash flow.

Competition: Slightly down market at the moment but established history.

Growth/Expansion: Downtown should come back strong. Addition of lunch would add sales.

Financing: Cash Only

Support/Training: Two weeks.

Reason Selling: Other business opportunity

AD # 385035

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