Historic Tavern, Restaurant and Real Estate For Sale with Great Views

Nehalem, OR (Tillamook County)

Historic Tavern, Restaurant and Real Estate For Sale with Great Views
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Asking Price: $995,000

Cash Flow: $155,181

Gross Revenue: $380,436

EBITDA: $155,181

FF&E: $150,000

Inventory: $10,000*

Real Estate: $750,000

Established: N/A

*not included in asking price.

Historic Tavern, Restaurant and Real Estate For Sale with Great Views

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Business Description

Located on the Northern Oregon Coast. this historic tavern and restaurant retains all of the ambiance of a local bar situated on the beautiful Nehalem Bay. The business itself features a Breakfast Cafe as well as a full service bar specializing in wide variety alcohol and serves fantastic hamburgers and fried chicken. The business contains 5 pool tables. 1 big screen TV and lottery.
The building is split at the entry for a breakfast side and an bar/restaurant side and lis located on the Nehalem Bay with beautiful view and large bay front outside deck
The building also houses a two bedroom living facility that also views the bay.
The sale includes and adjacent parking lot

Detailed Information

Location:
Nehalem, OR
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
6,098
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Restaurant and Bar are located on the first floor. Well established and ready for an owner to take over. Beautiful views from outside patio of River.
Competition:
There is competition in the town but the business is very well established and maintains the "local bar" feel
Financing:
Terms available to qualified buyer
Support & Training:
Seller will train
Reason for Selling:
Retiring
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Contact the Seller

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Gary L. Weston

Business Listed By:
Gary L. Weston

Coldwell Banker Commercial- Mountain West

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