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Profitable Cocktail Bar in Oregon Wine Country

Yamhill County, OR
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Asking Price:$250,000
Gross Revenue:$643,355
Rent:$2,040
Established Year:2019
Cash Flow:$58,991
Inventory:$10,000
FF&E:$32,000
Listing ID: 2277575Listing provided by BizBuySell
BUSINESS DESCRIPTION

Turnkey Attractive Bar in Excellent Location with Growth Potential

This cozy and charming bar is a hidden gem in a historic town that attracts wine lovers and tourists. Offering a variety of drinks and dishes, from craft cocktails and regional wines to small plates and desserts, this bar caters to different tastes and occasions. Whether you want to unwind with a drink, socialize with friends, or simply enjoy the ambiance, this bar has something for everyone. This bar has grown from humble beginnings to a brick-and-mortar business, with a loyal customer base and a strong online presence. This is a rare opportunity to own a profitable and popular bar in a prime location.

DETAILED INFORMATION
Location
Yamhill County, OR
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,700
Lease Expiration
30/06/2024
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This bar's history is a story of hard work and resilience. The founders were a cook and a bartender who moved to Yamhill County with a dream of owning their own business. They got a loan and worked on a space in a building owned by an investor who believed in their vision. Facing the challenges of the pandemic, they survived with the help of a government loan and their loyal customers. Reopening with a simplified menu and a small staff, they gradually expanded their offerings and hours. Now, with an expanded menu featuring more upscale and diverse items,
Competition
The bar and restaurant industry in Yamhill County, Oregon, is part of a broader hospitality sector that includes a variety of establishments, from casual dining to upscale restaurants. The industry is regulated by local health authorities, ensuring that all food service establishments meet specific standards. The county is known for its wine tourism, which attracts a steady flow of visitors, providing a robust customer base for local bars and restaurants. Establishments meet specific standards. The county is known for its wine tourism.
Growth & Expansion
The bar has several potential growth opportunities that can help increase its revenue and customer base. One growth opportunity is to expand its catering services by using a catering van for weddings and events. The current kitchen can be utilized for legal preparation before loading the catering vehicle, ensuring efficiency and compliance. Additionally, the bar can plan live bands and vendor events to attract more customers and create a lively atmosphere. Offering branded T-shirts, hats, and other items appealing to loyal customers and tourists.
Support & Training
1 week included in the sale price.
Reason for Selling
moving on
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Jason
Blair
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Jason Blair
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