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
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.
|PRICE: $160K w/ $35K dn|
|Sq. Ft: ||Lease: $1800||OLCC: FOP|
|Property: No||Lottery: Yes||LINN COUNTY|