Iconic bar with food in center of downtown Eugene

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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:
EG10650 - Bars & Clubs

Location:
Oregon - Oregon

Iconic bar with food in center of downtown Eugene

Business Description:

Well known, iconic location for Eugene residents, students and tourists to meet, drink and be happy as the local teams win another game. Great lease and landlord, loyal following, well trained staff make this a turn key opportunity for multiple location restaurateurs or an owner operator looking to leverage their bar tending / management skills with a successful acquisition of this full bar with craft tap beer / sodas & updated menu. Socially distanced seating have prepared this venue to survive where many others have succumbed.


Asking Price: $279,000


Inventory (included):
$2,500

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

8 Months Ended

8/31/2022

$513,444
(Sales)

$51,175
(Adjusted Cash Flow)

12 Months Ended

12/31/2021

$753,061
(Sales)

$64,092
(Adjusted Cash Flow)

12 Months Ended

12/31/2020

$390,712
(Sales)

$11,516
(Adjusted Cash Flow)

12 Months Ended

12/31/2019

$775,861
(Sales)

$26,055
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 5 9
Owners 0 2

Hours of Operation
M 11AM-10PM; Tues to Thurs 11AM-11PM; Fri 11AM-12PM; Sat 8AM-12PM, Sun 9AM-10PM

Licenses Required:

  • OLCC on premises and LCDPH food handler

Lease

Monthly Rent Including NNN:
$5,456

Expires:
1/2025

Option:
For 5 years

Size(sq.ft.):
3,444

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Retirement

Training:
4 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.