Category:
EG11264 - Restaurants
Location:
Oregon - Oregon
Business Description:
SBA pre-qualified...Long established, full service restaurant with loyal customers, excellent staff serving great food and drinks in an upscale atmosphere. Full kitchen, bar, taps, walk in cooler, menu, all recipes, recent $150k+ TI with OR lottery machines for additional passive income all included in the price. This is an excellent opportunity for a young chef to take over the $215k SDE and make their own name in town. With a 680+ FICO and $125k down, lenders are offering a 10% variable rate, 10 year SBA loan for the business alone. For chefs looking to own the business with property, a $350k down, 8% fixed 25 year SBA loan is available upon approved credit.
12 Months Ended
12/31/2023
$1,452,926
(Sales)
$214,769
(Adjusted Cash Flow)
12 Months Ended
12/31/2022
$1,410,359
(Sales)
$214,314
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$1,073,374
(Sales)
$150,396
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 3 | 16 |
| Owners | 0 | 1 |
Hours of Operation
Mon-Sat 8AM to 12AM; Sun 8am to 10PM
Licenses Required:
Monthly Rent Including NNN:
$11,795
Expires:
2029
Option:
For 5 years
Size(sq.ft.):
4,500
Type of Organization:
S Corp
Reason for Sale:
Retirement
Training:
4 weeks 20 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.