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Mid Willamette Valley Restaurant/Lounge

United States

Mid Willamette Valley Restaurant/Lounge
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Asking Price: $825,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $300,000

Inventory: N/A

Real Estate: $525,000

Established: 1997

Mid Willamette Valley Restaurant/Lounge

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Business Description

Profitable Restaurant Lounge in Mid Willamette Valley

Very busy Mid Willamette Valley Restaurant and Lounge. Located next door to a busy tourist attraction. Great Food. New Kitchen and Hood system.
Closed Sundays and Holidays.
Owner will sell FFE only for $300,000 with base lease rate at $4,000 per month

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,800
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3996 Square feet with new Kitchen, Separate Dining Room/Lounge/Video Poker seats 150 PLUS outside Patio. With Separate Meeting/Banquet room for 40.
Competition:
No nearby competition
Growth & Expansion:
Owner is semi-retired doesn't spend much time at the facility. Current hours 11-9 6 days a week . Automatic increase in Sales by opening on Sundays and Holidays with longer hours. Promoting the Bar with sports and other promotions can increase liquor sales which are currently only 25%.
Support & Training:
Yes
Reason for Selling:
Retiring
Contact Seller

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DAve Dingman

Business Listed By:
DAve Dingman

David E Clyde Real Estate

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Sponsoring Broker:
David Clyde

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