| Asking Price |
$2,600,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$995,000 | Real Estate |
$2,100,000** |
| Cash Flow |
$255,000 | Year Established | 2004 |
| FF&E |
150,000* | Employees | approx. 15+ |
* included in the asking price
** not included in the asking price
Great opportunity to own a professionally designed and operated independent restaurant/bar in the Greater Portland, Oregon Metropolitan Area market, including the real property. This establishment is family owned and operated, offering quality family dining and a major venue of wide-screen sports and special sports programing. The large marble tile bar & total bar area is approx. 2/3rds. of the facility, including perimeter booth seating w/individual screen monitors, tables w/multiple large wall screens and up-to-the-minute sports "ticker". Bar features direct pass-though & visibility to stainless kitchen. Emphasis on unique pizza receipts and general entres. The restaurant name and signage is not included in the sale, but the site has fantastic signing allowance including major facia and large pole sign advantages to hi-traffic. The area is well-developed retail, service, and nearby light and heavy industrial (great potential for deliveries!). Currently open 7 days, mid-morning to 1-2 a.m. Breakfast-growth potential.
Facilities: Approx. 5600 sf. bldg. on approx. 1 acre landscaped & paved parking for 70. Includes all FF&E except very limited sports memorbilia. Bldg. built 1980 w/major quality remodel 2004 including professional kitchen, speciality pizza ovens, walk-in refrig. & freezer. Family & sports bar venue. Flexible layout and decor/finishes for any theme.
Competition: Prime retail corner location (33,000 daily traffic count) on major arterial 4-lane avenue near major freeway interchange. Dominates market w/minimum competition for quality family dining & sports bar wide-screen special event programing.
Growth/Expansion: Very complete 5600 sf. facility w/adaptable flexibiilty for layout alternatives. Super parking capacity w/additional corner/side-street overflow. Should allow additional build-on possibilities subject to zoning regulations.
Financing: Cash out at closing
Support/Training: Seller has documented & credible sales & expense records. Seller will provide 2 weeks of all-shifts training including 1 month of business consultation.
Reason Selling: Family owned and operated. Health and other business interests.

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