Turn key tap house with full staff in prime locale

Eugene, OR
Lane County


Asking Price: Annual Revenue:
$219,000 $797,063

Food & Beverage: Bars, Clubs, Nightspots


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RE: Turn key tap house with full staff in prime locale Broker: Raymond P Dowd
License #: 01890916

Quick Facts

Asking Price: $219,000
Annual Revenue: $797,063
Net Profit: $91,574
Cash Flow: $91,574
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 11
BBN Listing #: 7074931
Broker Reference #: EG10649

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Business Overview:

Excellent opportunity for an owner/operator bartender to secure a leasehold in a historic building in the heart of the Eugene hotel district. This purchase includes $30,000 in inventory and over $250,000 in custom-made, fully installed FF&E. This business currently operates as a tap house with food that could expand hours to include lunch & as a late-night hang out with live music. Key efficiency upgrades and operational management changes resulted in peak financial performance despite COVID 19 mandated closures, new investment in FF&E to safeguard patrons, and heavy local competition for the same tourist or resident dollar. The full staff allows semi-absentee owners. EG10649

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Property Features and Assets:

The current lease will expire on 6/2025, Rent $3,497, NNN $1,821, 2,242 square feet. Hours Monday thru Thursday from 3 pm to 10 pm, Friday and Saturday from 11:30 am to 11 pm, Sunday from 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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