Category:
EG10221 - Bars & Clubs
Location:
Oregon - Oregon
Business Description:
COVID-19 has closed this business. Cool bar, great vibe with easy to prepare, outsourced food selections that complement the tap beer and cocktails. Open seating with booths and ample separation make this also a social distancing hangout due to its unique layout. Challenging bar games and convenient easy to order systems make spending extended time here fun. Close proximity to University of Oregon this bar caters to the large student population, to the affluent downtown Eugene business community and to OR visitors touring downtown. Loyal regular clientele keep the place busy from open to close and their generosity keeps the staff friendly and attentive. Lease in an historic building will be assigned.
Inventory (included):
$5,000
12 Months Ended
12/31/2019
$522,418
(Sales)
$94,051
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$729,877
(Sales)
$104,361
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$706,638
(Sales)
$128,984
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 6 | 0 |
Owners | 0 | 2 |
Hours of Operation
Sunday – Wednesday: 2pm – 12am
Thursday – Saturday: 2pm – 2am
Licenses Required:
Monthly Rent Including NNN:
$3,358
Expires:
10/31/2022
Option:
For 5 years
Size(sq.ft.):
1,875
Type of Organization:
LLC
Reason for Sale:
Divestment
Training:
8 weeks 10 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.