Theme Bar & Grill - NE

Portland, OR (Multnomah County)

Theme Bar & Grill - NE
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Asking Price: Get Financing: $110,000

Cash Flow: N/A

Gross Revenue: $485,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $3,765 /Month

Established: 2014

Theme Bar & Grill - NE

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Business Description

High traffic-high visibility on main-drag
Great sports bar neighborhood
Stylin' front of the house - totally rennovated in 2014
Full kitchen incl 20/ft hood, grease trap, walk-in, all - and upstairs office
Roll-up door, seats 80+, cool bar, high ceilings
Reasonable rent rate
Great signage
Absentee operated
Could be a variety of other concepts for a new owner

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Facilities:
The owners have done an extensive remodel and made substantial capital improvements as a part of the current concept. Featuring a great sign, an attractive dining room and bar and a well-equipped kitchen that contains 20’ hood, grease-trap, walk-in et al. It is capable of handling a high volume of business. The setting is warm and inviting with the ability to seat 80+. This includes a dining room, bar room w/roll up garage door, televisions throughout and room for video poker (unfinished). The total square footage is approximately 2,250 (plus office). There is ample time remaining on the Lease with an option to renew for an additional five years.
Competition:
Buyer could build on this concept as a hands-on owner or redevelop the concept.
Growth & Expansion:
Seller is an absentee-owner
Reason for Selling:
Seller has business in another industry
Business Website:
http://www.marlingroup.com
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Contact the Seller

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David Marlin

Business Listed By:
David Marlin

Marlin Group

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