Lottery Sports Bar & Grill w/parking lot

Portland, OR

Price: $1,100,000
Broker(s): David P. Marlin

$2,000,000/year
$380,000/year
$12,000/month
5,000

Description:

A  main thoroughfare on Portland westside.  Highly visible.  Well known with prominent signage. The business is located amongst great walk-traffic central to entertainment/stadium patrons.  The surrounding population is upper-middle and above income levels.

Serves breakfast, lunch, dinner, bar, video lottery and other games and music seven days a week.  The menu is simple good food.  Beverages consist of approx. 80% of revenues. The atmosphere is casual and inviting to the neighborhood businesses and residents

Well maintained facility and equipment.  New HVAC system.  Featuring a working-man’s dining room and bar and a well-equipped kitchen.  The setting is warm and inviting with the ability to seat 130+.  Includes a dining room, full kitchen, horseshoe bar, DJ area, separate game room, with televisions throughout.  The total square footage is approximately 5,000 plus a full basement with walk-in, grease trap et al.  The base lease rate is $12,000/mo (plus CAM costs – approx. $600).  The property contains a customer parking lot.

 

General Information

Corporation
Contact for Info
1990
10
130
5,000
private lot & street
OLCC full; Business; Health
Contact for Info
Retirement

Financial Information

$2,000,000/year
$242,000/year
$380,000/year
Contact for Info
Contact for Info
Contact for Info

Lease Information

$12,000/month
Contact for Info
Not Available
Contact for Info
Not Available
Not Available

Financing Information

Contact for Info
Contact for Info
Contact for Info
may be con

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Date Added: 2024-02-20