Restaurant, Bar, and Catering Establishment in Central Oregon

Deschutes County, OR

Seller Financing Available

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Asking Price:$275,000
Inventory:$22,000
FF&E:$155,000
Gross Revenue:$1,650,000
Rent:$1.66/SF/Month
Established Year:1996
BUSINESS DESCRIPTION

Established and successful operation with proven systems in place

Overview
Seize this rare opportunity to own an established restaurant and catering company with multiple outlets and diverse revenue streams. With nearly three decades of consistent established and profitable operation, this business is a cornerstone of the community and a magnet for both locals and visitors. This is an ideal opportunity for a passionate entrepreneur or owner operator to step into a thriving business with a loyal customer base and a proven track record.

Features
-Location: Surrounded by state parks and outdoor activities within a 10-mile radius, ensuring high visibility and heavy transient traffic. Enjoy a year-round influx of local visitors in close proximity to residential and guest lodging facilities.
- Versatile Operation: The establishment includes a full-service restaurant, bar, and catering service, providing multiple revenue streams.
- Historic: With a storied history and a solid reputation, this business has become an integral part of the community fabric.
- Dedicated support from the seller during the transition.


DETAILED INFORMATION
Location
Deschutes County, OR
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,173
Lease Expiration
31/07/2029
Employees
24
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Expansive turnkey restaurant and catering facility with separate prep area and cooking line. Large dining room, bar, and outside patio dining area, ample dedicated parking. Long-term catering contracts in place. Seasonal outlet contracts in place. Multiple revenue streams. Excellent lease rate with options.
Competition
Situated in an excellent location in central Oregon, this business serves the bustling areas of Redmond, Sisters, Tumalo, Terrebone, and Bend. The facility is conveniently within walking distance of private residences and various lodging options, making it a preferred destination for both everyday dining and special events. The exclusive dining and catering offering within five mile radius.
Financing
Partial financial support available as well as purchasers agent commission.
Support & Training
Seller to provide six to eight month warm hand-off. Including but not limited to; support, training, book keeping, and overall operations.
Reason for Selling
Growing family and increased out of state travel obligations.
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Confidential Seller
Confidential Seller