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Tavern w/Real Property

Portland, OR
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Asking Price:$699,000
Real Estate:$650,000
Gross Revenue:$510,000
Established Year:1975
Listing ID: 2313509Listing provided by BizBuySell
BUSINESS DESCRIPTION

Freestanding compact facility with single use building. Full kitchen with hood. Seats 49. Plus outdoor seating. Cozy bar room. Designed to keep labor costs low. The setting is warm and conducive to repeat clientele. The total square footage is approximately 1,300. Nice RP lot on a main thoroughfare – also about 1300 sq ft. In good condition.
Long established with loyal following. Currently open from 10AM-9PM Wed-Saturday and 10-2:45 Sunday – closed Tues-Wed. Known for good Pub food tap beers, with full OLCC license. Service is quick and simple. Repeat local clientele come for food and drinks, business meetings, Timbers and local events. Breakfast could be a viable addition.
Absentee owned - operated by employees

DETAILED INFORMATION
Location
Portland, OR
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,300
Facilities
Fully equipped kitchen bar and dining room. Very good condition.
Competition
Great part of town. Busy area
Growth & Expansion
Absentee owned. So an active owner could save payroll and expand ooperations.
Support & Training
Seller will consider
Reason for Selling
Other industry
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David
Marlin
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David Marlin
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