Popular Restaurant and Bar in Excellent Location

Roseburg, OR (Douglas County)

Popular Restaurant and Bar in Excellent Location
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Asking Price: $748,000

Cash Flow: $111,000

Gross Revenue: $802,895

EBITDA: $111,000

FF&E: $150,000

Inventory: $5,000*

Real Estate: $399,000

Established: 1932

*not included in asking price.

Popular Restaurant and Bar in Excellent Location

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Business Description

Located in Southern Oregon this popular restaurant and adjoining bar features a full menu from breakfast specials to rib-eye and T-bone steaks for diner. The cafe seats 48 people and the upper dinner area in The Loft seats 30 people.
Adjoining the restaurant is a full service newly re-modeled bar featuring satellite TV, WiFi, Lottery games and a full compliment of food.
The business is located near I-5 with easy access to and from the freeway. The business caters to travelers as well as local patrons and is near a busy downtown and community college.
The business is fully managed with little owner involvement.
The business can be purchased without the real estate.

Detailed Information

Location:
Roseburg, OR
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,168
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building is approximately 3,200 sg ft and was built in 1932 and has been an ongoing restaurant from the beginning. The current owner, of 10 years, has recently remodeled the restaurant and added a full service bar with a separate entrance. The bar also features an outside patio
Competition:
This is the only restaurant at this I-5 interchange and the first restaurant before entering the city.
Growth & Expansion:
The business recently expanded by re-modelling and creating a bar in the same building.
Support & Training:
The business is fully managed with minimum owner involvement. The owner will train
Reason for Selling:
Retiring
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Gary L. Weston

Business Listed By:
Gary L. Weston

Coldwell Banker Commercial- Mountain West

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