Full service restaurant with professonal kitchen

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
EG11264 - Restaurants

Location:
Oregon - Oregon

Full service restaurant with professonal kitchen

Business Description:

SBA pre-qualified...Long established, full service restaurant with loyal customers, excellent staff serving great food and drinks in an upscale atmosphere. Full kitchen, bar, taps, walk in cooler, menu, all recipes, recent $150k+ TI with OR lottery machines for additional passive income all included in the price. This is an excellent opportunity for a young chef to take over the $215k SDE and make their own name in town. With a 680+ FICO and $125k down, lenders are offering a 10% variable rate, 10 year SBA loan for the business alone. For chefs looking to own the business with property, a $350k down, 8% fixed 25 year SBA loan is available upon approved credit.


Asking Price: $635,000


Real Property Available:
Yes

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2023

$1,452,926
(Sales)

$214,769
(Adjusted Cash Flow)

12 Months Ended

12/31/2022

$1,410,359
(Sales)

$214,314
(Adjusted Cash Flow)

12 Months Ended

12/31/2021

$1,073,374
(Sales)

$150,396
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 3 16
Owners 0 1

Hours of Operation
Mon-Sat 8AM to 12AM; Sun 8am to 10PM

Licenses Required:

  • OLCC
  • OR Lottery
  • Lane County

Lease

Monthly Rent Including NNN:
$11,795

Expires:
2029

Option:
For 5 years

Size(sq.ft.):
4,500

Miscellaneous

Type of Organization:
S Corp

Reason for Sale:
Retirement

Training:
4 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.