Neighborhood Bar
Portland, OR
| Asking Price: | $140,000 |
| Gross Revenue: | $870,000 |
| Established Year: | 2013 |
| Cash Flow: | $100,000 |
| Rent: | $3,914 |
Listing ID: 2311541Listing provided by BizBuySell
BUSINESS DESCRIPTION
Great local bar in NW Portland with repeat customers
Corner location with outside seating
Cozy bar and barroom atmosphere Seats 50+ and 8-10 at the bar
Full kitchen - plenty of work space and storage
Well established and doing well - Employee operated
70% bev/30% food
Have applied for video poker
Very good rent rate
DETAILED INFORMATION
Location
Portland, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,100
Employees
8
Facilities
With its charming entry and locals-friendly street presence, the facility is good quality with 2,058 square feet plus storage area. The lease rate is $23 per foot plus NNN of $800/mo. The layout is efficient with the bar backing up to the kitchen, enabling efficient labor costs. There is seating for 50 plus 8-10 at the bar. The business also has a sidewalk permit and street seats it makes use of in season. There is a full kitchen, fully equipped. YOU MUST SEE TO APPRECIATE THE QUALITY.
Competition
Great everyday business model.
Growth & Expansion
Owner operator could connect with the neighborhood to a greater extent.
Support & Training
Seller will consider
Reason for Selling
other business
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