One-of-a-kind Bar and Restaurant in historic building
Business Description
One-of-a-kind Bar and Restaurant in historic building for sale for only $279,000 near Salem. Full-service kitchen with 12-foot hood installed 2 years ago. 5,100 sq. ft. space with seating for 115. Sales were over $600,000. Lottery has been in place since last year. Net income for an owner/operator is estimated at $200,000. Long term lease in place with options to renew. Rent $5,300, no NNN. $270,000 has gone into the buildout, resulting in a beautiful space and atmosphere with unique and creative décor. The seller is willing to carry a note with large down. Confidentiality Agreement is needed for more information.
About the Business
- Employees
- 5
- Website
- https://businessbrokersoforegon.com/restaurant-bar-in-historic-bldg/
- Market Outlook / Competition
- On a main street, couldn't be a better location.
- Opportunities for Growth
- Owner/operator can know this place out of the park. Owners now do not pull shifts
About the Sale
- Seller Motivation
- Other interest
- Transition Support
- Some training if needed can be arranged
- Financing Options
- large down
Listing Info
- ID
- 2390986
- Listing Views
- 544
Listing ID: 2390986 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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