Retail - Bars/Taverns

Asking Price	$365,000	Inventory	$5,000 +/-**
Gross Income	$429,000	Real Estate
Cash Flow	$142,000	Year Established	1991
FF&E	N/A	Employees	5

* included in the asking price

** not included in the asking price

Easy to run operation

This bar has been a favorite in the Salem area for many years. A place for friends to gather and have fun playing pool, singing karaoke or playing Oregon Lottery games. A consistent moneymaker over the years, it has always been strong Lottery Retailer. 2007 Oregon Lottery commissions were over $149,000. Long term owner is ready to retire and is looking for new owners who will continue the success of this business. Additional information will be available only after signing confidentiality agreement and providing proof of financial qualifications

Facilities: The bar has approximately 1940 sq. ft. and seats about 60. Plenty of parking is available. The rent is $2420 per month NNN with 5 years left on lease. Landlord is open to lease assumption, extension or additional lease options.

Financing: $100,000 down. Seller will carry contract.

Support/Training: Training is negotiable

Reason Selling: Retiring