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.
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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.

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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

Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Very Very nice restaurant with 270 degree waterfront views.
Singularly the best seafood restaurant in the market.
Growth & Expansion:
Much opportunity.
Seller is relocating to pursue other projects
Support & Training:
All training included.
Reason for Selling:
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Richard Arthur

Business Listed By:
Richard Arthur

Oregon Restaurant Realty

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