Bar, Restaurant + Lottery with Real Property!

Linn County, OR

Seller Financing Available

listing image
Sale Pending
Asking Price:$750,000
Established Year:2017
Real Estate:$450,000
BUSINESS DESCRIPTION

BUSINESS AND REAL PROPERTY! NEW CONTRACT TERMS!

Popular bar, restaurant, and gathering place established for over 50 years! Long known for their excellent food, beverages, and occasional weekend entertainment. Full liquor OLCC license. Video Lottery with 5 VLT's. Fully equipped kitchen with hood. Freestanding building with off street and ample overflow parking. Combined indoor and outdoor seating 200+. 5,000 interior square feet. Surveillance system. Large office space which could serve as a one bedroom apartment. Owners ready to retire.

Asking $750,000 for business and real property. NEW contract terms!

CONFIDENTIALITY AGREEMENT REQUIRED.


DETAILED INFORMATION
Location
Linn County, OR
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,000
Employees
12
Facilities
All furniture, fixtures, and equipment now used in the operation of the business are included except those items that are on lease, loan, or on consignment.
Competition
Prime location and the only establishment for many miles. Close to I-5 and Hwy 34.
Financing
Contract terms available. Reduced down payent
Support & Training
Owner will assist with support and training for 2 weeks.
Reason for Selling
Retire
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Mike Chapin
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Mike Chapin