Picturesque Profitable Restaurant & Event Space
Hood River, OR
| Asking Price: | $350,000 |
| Gross Revenue: | $988,415 |
| Rent: | $4,509/Month |
| FF&E: | $150,000 |
| Cash Flow: | $176,106 |
| Inventory: | $18,000 |
| EBITDA: | $106,000 |
| Established Year: | 2012 |
Listing ID: 2292381Listing provided by BizBuySell
BUSINESS DESCRIPTION
Beautiful restaurant and event space in a beautiful setting established in 2012. The model has lots of flexibility with respect to functioning as a restaurant, event space or expanding more into catering services. The future direction and upside is extensive. You can choose your focus. The lease is fixed until 2028 and is manageable at a rate of $4509/month.
DETAILED INFORMATION
Location
Hood River, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,918
Lease Expiration
30/06/2032
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Lease is a gross lease and fixed until 2028, at this below market. The equipment is all in good working order and will be conveyed free of encumbrance.
Competition
The business is unique and serves an established customer base and visitors to the area.
Growth & Expansion
The model is flexible and could easily expand further into catering in addition to events and the restaurant sales. The model is brilliant in its flexibility.
Financing
For a well qualified operator the Seller will carry a partial note.
Support & Training
As needed.
Reason for Selling
Opened another business after many many years operating this one.
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