$119,000

Turn key tap house with full staff in prime locale

Oregon/Eugene
Financials
  • Price: $119,000
  • Gross Income: $195,772
  • Cash Flow: $24,128
  • FFE: $0
  • Inventory: $30,000
  • Real Estate Value: $0
  • Source Data:
About the Business
  • Listing ID: #EG10649
  • Year Established: 2014
  • Financing: 0
  • Training: 5 weeks, 10 hours per week
  • Facilities: The current lease will expire on 6/2025, Rent $3,497, NNN $1,821, 2,242 square feet, Hours Monday thru Thursday from 3 pm to 10 pm, Friday and Saturday from 11:30 am to 11 pm, Sunday 11:30 am thru 9 pm The amounts shown for sales and cash flow are for the first 4 months of 2022
  • Competition:
  • Growth:
  • Employees:

Property Descriptions

Excellent opportunity for an owner/operator bartender to secure a leasehold in a historic building in the heart of the Eugene hotel district. This purchase includes $30,000 in inventory and over $250,000 in custom-made, fully installed FF&E. This business currently operates as a tap house with food that could expand hours to include lunch & as a late-night hang out with live music. Key efficiency upgrades and operational management changes resulted in peak financial performance despite COVID 19 mandated closures, new investment in FF&E to safeguard patrons, and heavy local competition for the same tourist or resident dollar. The full staff allows semi-absentee owners. EG10649

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

1475 S Bascom Ave, Suite 113, California, Campbell