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Lottery Income $200,000 - Sale Pending

Portland, Oregon (Multnomah County)

Retail - Bars/Taverns | Retail - Restaurants

Asking Price $425,000 Inventory $7,0,000** 
Gross Income $240,000 Food & Bev Real Estate  
Cash Flow Not Disclosed Year Established 1995
FF&E $25,000* Employees 7

* included in the asking price

** not included in the asking price

Serving breakfast, lunch and dinner seven days a week, the operation is open from 7am 2:30am daily. Huge lottery income with a maximum of two employees on shift at anytime. The operation currently runs smoothly and effectively with the assistance of a fulltime manager and no owner involvement in day to day operations. The business has a Full-On-Premises OLCC license.

Facilities: 1200 sq ft facility. Rent $2,000 month. Well maintained equipment. Long lease. Free standing building - First Right of Refusal to purchase property - aging landlord.

Competition: Lottery thrives in a down economy.

Growth/Expansion: Pretty well maximized. Busy everyday. Chance to own real property is key to building wealth with this business.

Financing: Depending on the strength of the buyer

Support/Training: As needed.

Reason Selling: Other businesses pulling owner away

AD # 385036

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