Popular local watering hole which has been a favorite for the last 20 years is ready for a new owner. Seller is finally retiring after 20 years! This location has enormous potential and has a long history in the community for their delicious food, great prices, excellent drinks and outstanding customer service. Business is located in a free standing building with great freeway visibility. There are 6 Lottery machines which did a net of $107K in 2018 and $31K through 4/27/2019, 3 pool tables, full kitchen, outside smoking area and is kid friendly until 9:00 p.m. There are currently 15 employee’s 5 which are cooks and other 10 being bartenders. Lease is $1800 per month gross and expires Dec 31, 2021 and has 2 additional 5 year options. Hours of operation are 7:30 a.m. until 11:00 p.m. Sunday thru Thursday and 7:30 a.m. until 2:00 a.m. on Fridays and Saturdays. This is a great opportunity and is a turnkey location. PRICE IS FIRM.
All buyers will be asked to verify liquid funds before receiving financial information on business. No SBA financing. Please do not contact Seller, patrons or employees.
LOCAL BAR & GRILL w/ Lottery
|PRICE: $160K w/ $35K dn|
|Sq. Ft: ||Lease: $1800||OLCC: FOP|
|Property: No||Lottery: Yes||LINN COUNTY|