Very well known North Oregon Coast restaurant right on the water.

Astoria, OR (Clatsop County)

Seller Financing Available
Very well known North Oregon Coast restaurant right on the water.
Contact Seller

Asking Price: Get Financing: $700,000

Cash Flow: $225,000

Gross Revenue: $1,800,000

EBITDA: $225,000

FF&E: $66,000

Inventory: $17,500*

Lease Rate: $22 /Year

Established: 2003

*not included in asking price.

Very well known North Oregon Coast restaurant right on the water.

Get Financing Save Print Share Valuation Report

Business Description

This long established brand has been a fixture on the North Oregon Coast for many years. Gross annual sales are at $1,800,000 and the future is very bright. Located right on the water with parking a prime view. Completely turn key, and owner's will train. Long term financing available for qualified buyers. Now PRICE REDUCED FROM $835,000 to $700,000.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
11/13/2025
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very Very nice restaurant with 270 degree waterfront views.
Competition:
Singularly the best seafood restaurant in the market.
Growth & Expansion:
Much opportunity.
Financing:
Seller is relocating to pursue other projects
Support & Training:
All training included.
Reason for Selling:
Relocating
Contact Seller

Contact the Seller

Contact Seller Loading

Richard Arthur

Business Listed By:
Richard Arthur

Oregon Restaurant Realty

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1425536 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Checkers Drive In Restaurants, Inc.

Franchise Opportunity In OR
Capital Required: $96,414