Eastern Oregon Established Restaurant With Lottery
Not Disclosed, OR Umatilla County
Seller's Contact Information
- RE: Eastern Oregon Established Restaurant With Lottery
- Contact: Jason Blair
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $722,328 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $165,036 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 120,700 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 10 | |
| BBN Listing #: | 134352348 | |
| Broker Reference #: | 59071-567659 |
Business Overview:
Popular restaurant/bar in a small eastern Oregon community. “American” style food that focuses on quality and interesting food that is thoughtfully put together, American food with a flare! Located in a community that is growing and bringing in people that are moving to the area from larger cities looking for good food. The restaurant does have a full liquor license and four lottery machines to help add to the bottom line. They were able to stay open through the pandemic and had some of their best income as they were able to pivot and adapt to the situation that restaurants had been put in.
A local restaurant that is a second-generation owner that took over business five years ago and came in and changed out the format and put their own spin and an American restaurant. Food that pushes to be the best in the area focusing on making sure each dish makes your mouth water. There has been a bar in this spot for many years and the current focus is more of a restaurant vibe attracting patrons of all ages.
One of the only restaurants/bars in the area and draws from the local community as well as travelers coming through. Continue with the current operation.
Expand on the existing hours with extending the bar hours and possibly doing brunch on the weekends. This restaurant was not affected by the pandemic, but the lottery was, now that restrictions have started to lighten up the lottery has made a nice comeback. This is a great opportunity an owner operator, or you can continue with the successes of the current owner and take a step back with a manager in place that is fully capable.
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Reason for Selling:
Moving on.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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