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Businesses For Sale > Business For Sale in Eugene, Lane County, Oregon (OR)
Full service restaurant with professonal kitchen for sale in Eugene, Lane County, OR
Eugene, Lane County, Oregon (OR)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 585,000 |
$ 1,452,926 |
$ 214,769 |
Furniture and Fixtures Value:
(not included in the asking price)
Inventory Value:
(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
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| Year
Business was Established: 1948 |
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| Number of Employees:
19 |
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| 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 |
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| Owner
willing to finance:
SBA Pre-approved |
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| Owner
willing to train:
4 weeks, 20 hours per week |
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| Reason for selling:
Retirement |
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Seller Reference Number: EG11264
BusinessMart.com Listing Number: 308253 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Michael Floorman
BTI Group
4082461102
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