Profitable pizza restaurant with .62 acre property

Walterville, OR
Lane County


Asking Price: Annual Revenue:
$625,000 $172,439

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable pizza restaurant with .62 acre property Broker: Raymond P Dowd
License #: 01890916

Quick Facts

Asking Price: $625,000
Annual Revenue: $172,439
Net Profit: $52,951
Cash Flow: $52,951
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1962
Employees: 6
BBN Listing #: 3121931
Broker Reference #: EG10013

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Business Overview:

Ike's Lakeside Pizza has been a fixture on the McKenzie River for over 50 years and commands a prime location on iconic Highway 126 aka The Trout Highway. The broasted chicken is excellent as it combines the taste of fried and breaded meat without the greasiness or mess. Since the restaurant is the only place to eat within 20 miles or so, it has a regular, consistent clientele of fisherman, travelers, truckers, recreational participants and anyone who loves good chicken.
All FF&E, recipes, staff and cash flow for $135,000 PLUS building, fresh water well and land for $531,320. EG10013

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Property Features and Assets:

A new lease is available, 2,888 square feet. Hours Sunday thru Thursday 11:30 am to 8 pm, Friday and Saturday 11:30 am to 9 pm.

Reason for Selling:

Retirement

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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