| Asking Price |
$125,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$254,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2000 |
| FF&E |
N/A | Employees | 10 |
* included in the asking price
** not included in the asking price
Restaurant & Festive Bar LOCATION Seaside, Oregon OPERATION An award winning niche cuisine bar & restaurant, has been open for business since April of 2000. It offers dinner six nights a week during peak season and five nights a week in the winter. Up until 2006 lunch was offered during weekdays until the owners decided to enjoy more personal time. Lunch and weekend brunch are viable options for additional revenue. The restaurant includes a full on-premise OLCC licensed bar. The bar is very attractive and could be promoted to increase business with a happy hour. The prior owner also had live entertainment in the bar. MANAGEMENT The business owner oversees the operation and is the chef as well.
Facilities: The strength of this operation is the festive interior, seafood-inspired menu and broad customer base. The business is easily accessible via street parking and is next door to a Holiday Inn Express and a newly constructed seventy unit condominium complex. The restaurant is 2,516 sq. feet and seats eighty people. Kitchen amenities include a 10-burner gas range, 24 gas broiler, double-basket gas deep fryer, 44 steam table and an 8x12 walk-in cooler. The bar includes a 69 back bar and beer cooler.
Competition: A good fit for the economy. They have a niche cuisine that appeals to both the locals and the seasonal tpourist industry.
Support/Training: Seller is willing.
Reason Selling: Going into a different industry

David Marlin
503 789-2884
Marlin Group
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