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Hotel restaurant on Coast seeking operator

Newport, OR (Lincoln County)

Hotel restaurant on Coast seeking operator
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $1

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2001

Hotel restaurant on Coast seeking operator

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Business Description

This is a fully built out, state of the art, turn key facility. Located on the water, with spectacular views, beautiful decor, full bar, and banquet/meeting rooms. All equipment is in place and functional. There is no cost for this restaurant. Just pay first and last rent, and have substantial restaurant management/ownership experience.

Detailed Information

Location:
Newport, OR
Employees:
0
Facilities:
This is a beautiful, complete restaurant, bar and kitchen. This location is set up with a front line, and back line, and could produce sales in the 2 to 3 million range easily.
Competition:
On the Coast.
Growth & Expansion:
The Embarcadero condos and lodging are on property. This business could offer, but doesn't have to; breakfast, lunch dinner, happy hour, brunch, room service, banquets, group sales, holiday specials, catering, events. There is also outside seating, and special event waterfront areas.
Financing:
Everything ( except inventory ) is included.
Support & Training:
This will be your concept, and your restaurant
Reason for Selling:
This location operated successfully for many years, but that operator retired.
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Richard Arthur

Business Listed By:
Richard Arthur

Oregon Restaurant Realty

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