Full service restaurant with professonal kitchen
Eugene, Lane County, Oregon
| Asking Price: |
Gross: |
Cash Flow: |
| $585,000 |
$1,452,926 |
$214,769 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$1,500,000 ( not included in the asking price)
Business Summary:
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. EG11264
|
|
| |
|
| |
|
| Year
Business was Established: 1948 |
| |
|
| Number of Employees:
19 |
|
| |
|
| Facilities / Terms of Lease:
The current lease will expire in 2029, a new lease is available, Rent $10,000, NNN $1,795, Square Feet 4,500, Licenses: OLCC, OR Lottery, Lane County, Hours Monday thru Saturday from 8 am to 12 am; Sunday from 8am to 10 pm |
|
| |
|
| Owner
willing to finance:
SBA Pre-approved |
|
| |
|
| Owner
willing to train:
4 weeks, 20 hours per week |
|
| |
|
| Reason for selling:
Retirement |
|
|
|
| REQUEST MORE INFO |
 |
|
