Category:
EG10649 - Restaurants
Location:
Oregon - Oregon
Business Description:
Excellent opportunity for an owner / operator bar tender to secure a leasehold in an historic building in the heart of the Eugene hotel district. This purchase includes $30,000 in inventory and over $250,000 in custom made, fully installed FF&E. This business currently operates as a tap house with food that could expand hours to include lunch & as a late night hang out with live music. Key efficiency upgrades and operational management changes resulted in peak financial performance despite COVID 19 mandated closures, new investment in FF&E to safeguard patrons and heavy local competition for the same tourist or resident dollar. Full staff allows semi absentee owners.
Inventory (included):
$30,000
4 Months Ended
4/30/2022
$195,772
(Sales)
$24,128
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$747,787
(Sales)
$74,099
(Adjusted Cash Flow)
6 Months Ended
12/31/2020
$247,571
(Sales)
($46,227)
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 5 | 6 |
Owners | 0 | 2 |
Hours of Operation
Monday to Thursday 3PM-10PM
Friday & Saturday 11:30AM–11PM
Sunday 11:30AM–9PM
Licenses Required:
Monthly Rent Including NNN:
$5,318
Expires:
6/2025
Option:
For 5 years
Size(sq.ft.):
2,242
Type of Organization:
S Corp
Reason for Sale:
Retirement
Training:
5 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.