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Asking Price: $448,000

1 of The Dalles Favorite Drinking & Eating Venues

The Dalles, OR
Wasco County

Rivertap Restaurant and Pub, established in 2009, is a standout restaurant and bar in The Dalles, Oregon. Located just 20 miles east of Hood River, The Dalles is the Eastern gateway to the Columbia River Gorge. Usually known for its beauty more than its food and beverage scene, Rivertap is a standout exception. Boasting 4,400 square feet of space in a well-appointed and designed atmosphere, Rivertap's food and cocktail programs are voted Best of the Gorge 2024 by Bi-coastal Media’s annual contest. Having recently added a breakfast program to their offerings, they are now open from 8am to 9pm Sunday through Thursday, and 8am to 10pm on Friday and Saturday.The building that houses Rivertap was built in 2008 by the current owners. They are offering the property, including its 21-space parking lot, as an optional addition to the business sale. It comes in two tax lots totaling 15,000 square feet. Both lots are being sold as a bundle for a list price of $1,640,000. All restaurant equipment is new in the last 6 years, and all of it has been well maintained.Rivertap has a reputation as a welcoming place for the community of The Dalles to enjoy great food, friends, and local music - sharing the bounty of the Northwest in a warm and inviting setting. Its staff is skilled and experienced, and a visit to Rivertap is always a good time. Currently there are 11 back of house and 11 front of house staff, with managers for both segments of the restaurant.The Dalles is growing and is developing a reputation as a bedroom community for Hood River. As rental and real estate prices increase in Hood River, more and more people are choosing to live in The Dalles to cut down on expenses. This is bringing a younger demographic to the area who are looking for lively and interesting places to spend their leisure time.The owners are largely absent from day-to-day operations. They are always available and frequently on premises but trust their talented management team to handle daily operations.

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Cash Flow $150,000
Revenue $1,500,000
$ Owner Financing Available

Asking Price: $550,000

Popular Bar-Restaurant in Portland

Not Disclosed, OR
Multnomah County

Established Popular Bar-Restaurant that has rooted itself in one of the most iconic neighborhoods in Portland OR. The restaurant has grown to be a popular place for all patrons who come to enjoy the vibe and atmosphere as well as the approachable menu designed to accommodate all dietary restrictions and filled with items made with fresh local ingredients, while still being mindful of labor and cost of goods expenses. Located in an attractive open and bright space that continues to get local & national media attention. The venue is flexible to accommodate a wide range of patron party needs from large parties to intimate dining experiences. It also functions as an established event venue, making use of 'off hours' with daytime bookings.In operation for just over four years this venue quickly gained popularity in the market and had a banner first year. Frequently featured in local and national food publications such as EATER as well as social media influencers posting to their accounts help drive the marketing and overall exposure for this restaurant. 2020 was a time for all restaurants to figure out how to keep the wheels on the bus moving and they did just that. Currently the owner is actively involved in daily operations providing an oversight role with all managers checking in. The business generates enough profit providing the option for a new owner to take more a passive role.

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Cash Flow $256,093
Revenue $1,727,880

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