Popular local Bar with Pizza & Lottery!

Multnomah County, OR

Seller Financing Available

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Asking Price:$240,000
Rent:$4,804/Month
Inventory:$7,000
Established Year:2018
BUSINESS DESCRIPTION

Just listed! One of Portland’s local hotspots that is known for their fun atmosphere, amazing cocktails, delicious pizza, and the place to gather for a casual night out or a place to celebrate with friends.
This establishment has 1586 square feet, pizza oven, small hood system, pool tables, seating for 30, six lottery machines that did a net of approximately $160k in 2023 and a net through October 2024 of approximately $129k and is easy to run.
Hours of operation are noon until 2:00 a.m. seven days per week. There are currently five employees and an off-premises owner.
The lease is $4804.07 per month with triple net charges included. Lease expires in 2027 with a lease deposit of $5052.37.
Unlock the extreme potential of this prime bar location! With the opportunity to extend business hours, this turnkey operation is ready for a new operator to take it to the next level.
This bar is already a local favorite and with your vision can reach even great heights. Don’t miss out on this chance to capitalize on its fantastic growth potential.
For additional information go to WILTSEYBARS.COM.
All buyers will be asked to sign an NDA, verify funds and credit.
No Broker inquiries please.


DETAILED INFORMATION
Location
Multnomah County, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,586
Lease Expiration
31/03/2027
Employees
5
Financing
Seller will carry a contract with $100k down. No SBA Loans
Support & Training
Seller will train new buyer to assure a smooth transition
Reason for Selling
Other businesss
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Tina
Wiltsey-Trevizo
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Tina Wiltsey-Trevizo