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Successful restaurant & bar with lottery. Includes real estate!

Lane County, OR
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Asking Price:$1,100,000
Established Year:1976
Listing ID: 2209021Listing provided by BizBuySell
BUSINESS DESCRIPTION

Price includes remodeled building and substantial paved parking lot.

Turnkey business with real estate opportunity for a long-established, nearly 50 years, restaurant and bar in the Southern Willamette Valley. This business is a local favorite, conveniently located on a high traffic main street. The real estate includes a recently renovated nearly 5,000 square foot restaurant with seating for 160. Currently offering full dining, bar and video lottery. Land includes ample parking suitable for a business of this size. In addition to the real property, an additional parking lot and the business itself all furnishings and owned equipment is included in the sales price. Leased equipment including the dishwasher may be assigned.

Please note that buyers must secure licensing through the Oregon Lottery and OLCC to transfer the lottery.

NDA required prior to disclosure of location and financial statements.

Contact:
Debora Coelho Gordon
541-954-1595
Debora97404@yahoo.com

DETAILED INFORMATION
Location
Lane County, OR
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
5,000
Facilities
The real estate includes a recently renovated nearly 5,000 square foot restaurant with seating for 160. Currently offering full dining, bar and video lottery. Land includes ample paved parking suitable for a business of this size. In addition to the real property, an additional parking lot and the business itself all furnishings and owned equipment is included in the sales price. Leased equipment including the dishwasher may be assigned. NDA required prior to disclosure of location and financial statements.
Competition
High visibility location in a convenient location. Nothing in the community compares but there are other restaurants. This location has operated for nearly 50 years. The community continues to grow and expand.
Growth & Expansion
This business is currently successful with absentee owner. However, great potential for an owner operator to lend their style and expertise to increase exposure.
Financing
Call listing broker.
Support & Training
Negotiable. Operating successfully with fantastic existing staff and absentee owner.
Reason for Selling
Retirement.
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Debora Coelho Gordon
Phone Number
Debora Coelho Gordon
Call Phone