Long time Eugene Restaurant/Bar with Video Poker

Eugene, OR
listing image
Asking Price:$450,000
Gross Revenue:$1,259,681
Rent:$6,441/Month
Established Year:2010
Cash Flow:$175,000
Inventory:$10,000
FF&E:$150,000
BUSINESS DESCRIPTION

Very busy restaurant in a high traffic location.


DETAILED INFORMATION
Location
Eugene, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,000
Lease Expiration
31/01/2040
Employees
26
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two dining rooms. The main one is off the kitchen and second one adjoining with video poker
Competition
Very active location in a fully leased shopping center with a large parking lot.
Growth & Expansion
The business closes at 9 PM. There is great potential to expand the bar and stay open much later than 9 PM. This could substanially increase liquor sales and video poker income. The current amount of sales of $1,259,681 for food and beverage sales can go way up.
Support & Training
Yes
Reason for Selling
Owner is retiring
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DAve Dingman
David E Clyde Real Estate
DAve Dingman