Neighborhood Bar Showing Rapid Growth

Not Disclosed, OR
Multnomah County

Asking Price: Annual Revenue:
$300,000 $725,906

Food & Beverage: Bars, Clubs, Nightspots

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RE: Neighborhood Bar Showing Rapid Growth Broker: Jason Blair

Quick Facts

Asking Price: $300,000
Annual Revenue: $725,906
Net Profit: Not Disclosed
Cash Flow: $116,021
Total Debt: Not Disclosed
FF&E: $93,840
Real Estate: Not Disclosed
Year Established: 2018
Employees: 20
BBN Listing #: 149552348
Broker Reference #: 59071-542109

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Business Overview:

This is an attractive, turnkey, absentee owned, fast-growing neighborhood bar located on a popular Portland Street. Offering up craft cocktails, beer, wine, and tasty food in a cozy and comfortable, space with a large outdoor area to accommodate live events all year long. Quaint, attractive indoor space with additional room for expansion. The bar has been recognized in multiple publications in Portland for its amazing drinks and ambiance that pull in tourist and patrons from the neighborhood. Great kitchen set up with a decent size hot line with additional prep space to take on all your kitchen needs.
The owners had a vision to create a fun, attractive, neighborhood bar that appeals to a wide customer base. In business for just over three years this bar has shown steady, rapid growth and even through the pandemic is continuing to grow in popularity. At this time the sellers are seeking a buyer to pick up where they left off and are choosing to sell to focus on other career aspirations.

This business differentiates themselves by their excellent location, unique brand that is increasing in popularity with tourists and neighborhood locals. Well, designed and quality-built space to offer up a fun and memorable experience. Lots of covered outdoor space that is suited for all seasons.

Absentee owned bar, an owner/operator would be able to recognize higher level of profitability. Add a variety of entertainment and increasing the frequency. Convert unused space into revenue with the addition of private events or additional lounge.

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Reason for Selling:

Other opportunity.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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