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Bar & Restaurant For Sale - Central Oregon, OR - Deschutes County |
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| PROFILE: Popular Restaurant & Bar. |
| Status: |
Available |
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| State: |
Oregon |
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| Location: |
Central Oregon |
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| County: |
Deschutes |
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| City: |
None Given |
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| Primary Category: |
Restaurant Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
128493 |
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| Seller Or Contact: |
Brody Mape |
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| Primary Phone: |
541-383-2444 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/27/08 |
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| Date Ad Last Revised: |
11/17/08 |
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| Asking Price: |
$1,225,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$1,248,000 |
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| Annual Adjusted Net: |
$364,000 |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: This Restaurant & Bar Has A Great Location That Attracts Both The Local And Tourist Business. Located In The Heart Of One Of Central Oregon’s Busiest Commercial Areas, This Location Has Seen Years Of Success With No Slowdown In Sight. This Is A Turnkey Operation With Trained And Experienced Staff In Place. The Seller Has Built A Strong Business That Is Holding Up Well In The Recent Economy. The Seller Works The Business On A Semi-Absentee Basis, Primarily Working The Money And Books About 10hours A Week. Good Food Accompanied By An Excellent Bar Selection, 71% Of Sales Comes From The Profitable Bar Sales. If You Are Looking To Get Into The Central Oregon Bar Or Restaurant Business, This Is A Great Opportunity.
Facility: This Business Has One Of The Best Locations In All Of Central Oregon. The Capacity Of The Facility Is Over 200 Patrons. There Is Currently An Attractive Lease In Place That Runs Through 2011 And Includes 2 – 5 Year Options.
Training: Seller Is Willing To Stay On And Train A New Owner And Introduce All Business Relationships, Terms To Be Negotiated. There Is Responsible And Experienced Staff That Can Run The Business On Their Own But The Seller Acts As The Final Word For Management Decisions. There Are 4 Full-Time And As Many As 15 Part-Time Employees That Are Paid Between $8.00 To $12 An Hour.
Competition: This Restaurant And Bar Offers Lunch, And Dinner At Reasonable Prices As Well As Offering A Full Bar Selection. This Location Caters To Both The Local Community And Vacationers Alike. The Seller Has Relied On Word Of Mouth And Signage To Grow The Business.
Growth/Expansion: The Seller Has Not Had Much Need To Market The Business Due To The Business Volume. But There Are Slow Days So A New Owner Could Focus On Brining In A Crowd The Off Days Via A New Marketing Campaign. |
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