NOT DISCLOSED, Oregon
| Asking Price |
$99,000 |
Year Established |
2017 |
|
| Annual Revenue |
$299,390 |
Reason for Selling |
Pursue other interests |
|
| Annual P/L |
$0 |
Attention |
Lisa Clarkson |
|
| Annual Cash Flow |
$55,968 |
Listing Number |
1007176 |
|
| # of Employees |
4 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
This established NE Portland craft cocktail lounge delivers a relaxed yet elevated guest experience built on expertly curated beverages, a refined but welcoming atmosphere and a loyal neighborhood following.
The cocktail program emphasizes balance, premium ingredients and creative restraint, complemented by a streamlined food menu of fresh selections and elevated comfort dishes designed for efficiency. The lounge has earned industry recognition and features in respected regional dining and beverage publications.
A warm, design-forward interior and signature vinyl music program create a distinctive, memorable environment that drives strong repeat visitation.
Ideal for owner operator or hospitality group seeking a turnkey concept with an established reputation, loyal clientele and clear growth opportunities.
Property Features and Assets:
<p>Founded by experienced hospitality operators, this cocktail lounge was created to offer a gathering place that balances sophistication with approachability. Drawing on nearly two decades of restaurant and bar experience, ownership developed a concept centered on craftsmanship, atmosphere, and a consistently high‑quality guest experience.<br>From inception, the focus has been on intentional design, disciplined execution, and a cohesive food and beverage vision. Over time, the business has built a dedicated following and a reputation for polished presentation, thoughtful details, and dependable operations. Today, it stands as a well‑established, design‑driven destination that resonates with discerning guests while remaining accessible and neighborhood‑friendly. After nearly two decades in the hospitality industry, owner is seeking to pursue other interests.<br></p>
Market Competition and Expansion:
<p>This business presents a strong operating platform with clear opportunities for revenue growth and margin expansion, enabling a new owner to scale strategically while preserving the brand’s identity.<br><br>Leverage a Growing Trade Area<br>Located within an evolving neighborhood experiencing continued residential and commercial development, the lounge is positioned to benefit from increasing population density and favorable demographic trends.<br><br>Optimize Operating Hours & Dayparts<br>Selective expansion into additional service periods offers an opportunity to increase weekly revenue while maximizing utilization of the existing space and staff infrastructure.<br><br>Increase Visibility Through Targeted Marketing<br>Focused digital marketing, social media engagement, email outreach, and local partnerships could materially enhance brand awareness, customer acquisition, and visit frequency.<br><br>Private Events & Buyouts<br>The lounge’s ambiance and layout are well suited for curated private events, receptions, and partial or full buyouts—representing an attractive, underutilized high-margin revenue stream.<br><br>Premium & Experiential Offerings<br>Limited-release cocktails, tasting experiences, and spirit-focused events can increase per-guest spend while reinforcing the concept’s premium positioning.<br><br>Programming & Strategic Collaborations<br>Themed evenings, guest bartender features, and collaborations with complementary local brands provide opportunities to drive traffic, strengthen guest engagement, and differentiate the experience.<br><br>With an established identity, loyal clientele, and favorable neighborhood dynamics, this opportunity offers a compelling path for a new owner to unlock incremental value through disciplined, experience-aligned growth initiatives.<br></p><p>The company operates within the craft cocktail and neighborhood lounge category, a segment supported by sustained consumer preference for elevated, experience-oriented hospitality.<br><br>While the market includes independent bars, cocktail venues, and casual dining concepts, few deliver a similarly cohesive blend of atmosphere, beverage execution, and overall guest experience. The business distinguishes itself through a concept that is both refined and accessible, a thoughtfully curated environment, a high-quality, technique-driven cocktail program, streamlined and complementary offerings, and a strong base of loyal repeat customers.<br><br>Meaningful barriers to entry — including increasing build-out costs, regulatory requirements, and the operational expertise required to execute at a premium level — help protect the business from emerging competition and reinforce the value of this established, turnkey operation.<br><br>The business benefits from stable demand patterns and maintains a well-established presence within its market.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity