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Restaurant & Lounge

This business was established in 1920 and in the 1950's the building was converted into a tavern and in 1997, the current owner took over and added a restaurant, outdoor dining in a garden, catering services, video poker and remodeled the bar. The ambiance is hard to beat, lush gardens, fountains and private outside seating booths. They are currently open 11:00 am until 11:00 pm 6 days week and Sunday from 9:00 am to 11:00 pm. Catering service and adding breakfast would increase profits. Gross Sales of $247,207 with cash flow of $43,722. Assets include $5k Inventory, $350K Building, $300K Property, $100K Equipment, Fixtures & Furnishings and $45K Other Assets. Priced at $990,000. Located in North West Oregon. Ask for portfolio number 0056.