Historic Bar in the Heart of Beautiful Sandy Oregon (Sale Pending)
Asking Price: | $150,000 |
Inventory: | $7,000 |
Established Year: | 2001 |
Gross Revenue: | $324,000 |
Rent: | $3,250/Month |
(SALE PENDING) Oldest Established bar in Sandy, Or. Popular with many of the locals as well as travelers through Pioneer Blvd, which is the Gateway to Mt. Hood. We have currently 5 active lottery machines with a net of 70K in 2023. The building is roughly 1600 Square Feet with 5 employees. Full kitchen with hood, with a large walk in cooler. Full OLCC liquor. Hours of operation are 12-11 Sun through Thursday and 11-12 Fri and Saturday. Lease is $3,250 including triple net charges. Lease offered will be 5 years with a 5 year option. This has been a proven business over many continuous year of operation. There are two pool tables in the establishment. The business currently grosses $254,101.77 Food and Alcohol misc, with a 70K lottery net. We are well known for our unique and awesome American Food, and home made Clam Chowder. All equipment is included in the sales price. Owner wishes to retire and relocate out of State.
No Brokerage Contacts please.
Qualified buyers will need to show proof of funds and credit score for financing consideration. And will need a clean background history to obtain Lottery and Liquor Licenses for a successful transfer. Interested parties shall not make contact with working employee's. This is a working turn key business. Terms are cash. With the option of $70K down and $80K carry at 7% interest. Current inventory is estimated between $6-8K separate of the business sale.
BUSINESS LOCATION