Iconic downtown bar with food

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Call Us:

Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
EG10221 - Bars & Clubs

Location:
Western States - Western States

Iconic downtown bar with food

Business Description:

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.


Asking Price: $135,000


Inventory (included):
$5,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

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)

Operations

# 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:

  • OLCC full on site license
  • Eugene city liquor license

Lease

Monthly Rent Including NNN:
$3,358

Expires:
10/31/2022

Option:
For 5 years

Size(sq.ft.):
1,875

Miscellaneous

Type of Organization:
LLC

Reason for Sale:
Divestment

Training:
8 weeks 10 hours

Contact us About this Listing

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

Call Us:

Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
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.