Neighborhood Lottery Bar | 6 Terminals | Absentee Owner
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*** This is a confidential listing for an ongoing business. Details are intentionally vague to preserve confidentiality. Please contact broker to sign an NDA for the full offering profile. ***
This is a locally loved neighborhood bar — equal parts dive, hangout, and hidden gem. Clean and comfortable, with plenty of character. With six Oregon Lottery video terminals, a long-term lease locked in through 2040, and a simple, minimal-staffing concept, this operation runs smoothly even with an owner who is rarely onsite.
THE LOTTERY: The bar operates six Oregon Lottery video terminals — the legal maximum allowed at any Oregon bar or restaurant. Oregon Lottery paused new Video Lottery retailer applications in December 2021 and has only resumed accepting new applicants off a rolling waitlist since July 2023, making an established, fully licensed location a genuine, hard-to-replicate asset. Per the most recent commission report, the six terminals generated over $10 million in dollars played and $165,000 in commission for the year, reaching the Lottery's top play tier by mid-February.
THE LEASE: A true gross lease — the landlord covers property taxes, building insurance, and structural repairs, with no CAM or pass-through charges. Base rent of $2,970/month with a standard 3% annual escalator, and that same structure is locked in through both five-year extension options, carrying it all the way to November 2040. That's 15 years of predictable rent growth already negotiated, with no market-rate reset. The lease includes a right of first refusal on the real property, and the landlord has agreed to participate in assigning the lease.
THE SALES: 2026 is off to its strongest start yet — net sales for January through June are up roughly 22% over the same months in 2025, with every month this year outperforming its 2025 counterpart. That builds on three consecutive years of growth: net food and beverage sales (not including lottery) have climbed from $175,000 in 2022 to $250,500 in 2025.
A NOTE ON FINANCING: No financial statements are available for this business — every figure comes directly from POS records and Oregon Lottery Commission reporting. This is a cash-only listing; it is not a candidate for SBA financing and the seller is not in a position to carry a note. Please only inquire if you have the ability to purchase without bank financing.
This is a locally loved neighborhood bar — equal parts dive, hangout, and hidden gem. Clean and comfortable, with plenty of character. With six Oregon Lottery video terminals, a long-term lease locked in through 2040, and a simple, minimal-staffing concept, this operation runs smoothly even with an owner who is rarely onsite.
THE LOTTERY: The bar operates six Oregon Lottery video terminals — the legal maximum allowed at any Oregon bar or restaurant. Oregon Lottery paused new Video Lottery retailer applications in December 2021 and has only resumed accepting new applicants off a rolling waitlist since July 2023, making an established, fully licensed location a genuine, hard-to-replicate asset. Per the most recent commission report, the six terminals generated over $10 million in dollars played and $165,000 in commission for the year, reaching the Lottery's top play tier by mid-February.
THE LEASE: A true gross lease — the landlord covers property taxes, building insurance, and structural repairs, with no CAM or pass-through charges. Base rent of $2,970/month with a standard 3% annual escalator, and that same structure is locked in through both five-year extension options, carrying it all the way to November 2040. That's 15 years of predictable rent growth already negotiated, with no market-rate reset. The lease includes a right of first refusal on the real property, and the landlord has agreed to participate in assigning the lease.
THE SALES: 2026 is off to its strongest start yet — net sales for January through June are up roughly 22% over the same months in 2025, with every month this year outperforming its 2025 counterpart. That builds on three consecutive years of growth: net food and beverage sales (not including lottery) have climbed from $175,000 in 2022 to $250,500 in 2025.
A NOTE ON FINANCING: No financial statements are available for this business — every figure comes directly from POS records and Oregon Lottery Commission reporting. This is a cash-only listing; it is not a candidate for SBA financing and the seller is not in a position to carry a note. Please only inquire if you have the ability to purchase without bank financing.
About the Business
- Facilities & Assets
- A single-use building of approximately 2,500 square feet with a large parking lot and a fenced patio. The sale includes a full commercial kitchen — 15' Class A hood system with makeup air, gas griddle, 4-burner range with double ovens, two deep fryers, and extensive refrigeration including a 6-tap keg system. Also included: POS system, 8-camera video surveillance plus monitored security system, complete bar and kitchen smallwares, booths, tables, and seating throughout, and a fully built-out patio with picnic tables, market umbrellas, electric heaters, a propane firepit table, and string lighting. A complete karaoke setup with professional speakers, wireless microphones, and mixer is included. The lease is a true gross lease — landlord covers property taxes, building insurance, and structural repairs — locked in at the same structure through November 2040. All food and beverage inventory is included.
- Market Outlook / Competition
- The most important competitive fact about this business is regulatory: Oregon Lottery paused new Video Lottery retailer applications in December 2021 and has only resumed accepting applicants off a rolling waitlist since July 2023. A fully licensed location operating six terminals — the legal maximum — cannot simply be replicated by a new competitor opening nearby. The bar has an established neighborhood following built over years, with play volume that reached the Lottery's top tier by mid-February of the current business year, more than three times the Lottery's per-terminal weekly minimum. Food and beverage sales have grown every year since 2022, independent of lottery income.
- Opportunities for Growth
- This is a business with real upside for an engaged owner. The current owner is rarely onsite — a more hands-on operator could introduce a more elevated food program, add a coffee cart or complementary daytime concept, and bring the consistency that comes from actually being there. The lease already permits food carts or trucks in the parking lot, provided they meet city code, giving a new owner room to expand revenue without renegotiating anything. There's also meaningful cash flow upside for an owner willing to work shifts personally rather than staffing every hour with paid labor. With fresh energy and consistent presence, new ownership could elevate sales, reputation, and long-term value at an already thriving neighborhood bar.
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Owner lives out of the area and operates another business.
- Transition Support
- The seller will provide training and transition assistance to ensure a smooth handoff. The concept is intentionally simple and easy to execute — bartenders prepare the food themselves, so there are no line cooks and support staff is limited, which makes the learning curve short for a new owner. The current owner is rarely onsite, so systems are already built to run without daily ownership presence. The landlord is aware of the potential sale and has agreed to participate in assigning the lease to a qualified buyer.
Listing Info
- ID
- 2526647
- Listing Views
Listing ID: 2526647 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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