Turn key tap house with full staff in prime locale

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
EG10649 - Restaurants

Location:
Oregon - Oregon

Turn key tap house with full staff in prime locale

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.


Asking Price: $119,000


Inventory (included):
$30,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

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)

Operations

# 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:

  • OLCC on premises and LCDPH

Lease

Monthly Rent Including NNN:
$5,318

Expires:
6/2025

Option:
For 5 years

Size(sq.ft.):
2,242

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Retirement

Training:
5 weeks 10 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

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.