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Businesses For Sale > Business For Sale in Bend, Oregon (OR)

Large Club, Concert Venue, Restaurant

Bend, Oregon (OR)

Asking Price: Gross: Cash Flow:
$795,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$800,000 (included in the asking price)

Business Summary:
This is an incredible turn key club/concert venue, truly a once in a lifetime opportunity! There are too few concert venues in Central Oregon and none can come close to this one. Location is easily accessible with lots of parking. Excellent Marquee visibility from highly traveled parkway. 4 full bars, building wide CO2 beverage delivery systems, 20 beers on tap, 8 bartender stations, service bar, and a fireplace lounge. Beer Garden has private decks, court, ping pong, BBQ, Full Bar, and it s own sound system. Live Entertainment with 3,000 sq ft dance floor. One of the best lighting and sound systems in the country huge F.O.H and monitor mixing booths and excellent P.A. with Dual Soundcraft Series IV 48 channel boards, all E.A.W Mains, Subs & Monitors, big 60 foot stage with 3 Risers, 13 Crown Power Amps, large compliment of effects, Compression, Gates, etc.. Fog, haze, and all lighting F.O.H controlled 15 Spots & Color Washes all Hog controlled. 121 Pin 64 and 56 cans, multiple dimmers, Leprecon and power Que control boards. 6 Data Flash strobes DMX controlled. Everything in like new condition right down to the microphones. State of the art security system with a 16 camera closed circuit security system with video and audio recording, and security room with computerized ID System. 6 Billiard tables, arcade games, video poker, TV s throughout the property, and video karaoke setup everywhere. Restaurant seats 140 but facility has accommodated 500 person catering events. Big kitchen with 3 walk-ins, 15 foot hood, 2 huge ice makers, and Chefs office. Large administrative office, 4 storage rooms, covered entry foyer and outside area to accommodate lines, and 2 sets of public restrooms. Bend, Oregon is a boom town that offers an incredible lifestyle. You ready?

 

   
Year Business was Established: 1992
   
Facilities / Terms of Lease: Incredible lease! Approximately 18,000 sq ft of usable space (15,000 sq ft indoor and 3,000 sq ft outside). Incredible lease = current rate is $8,240 with 10 years remaining! Rent increases gradually year by year but tops out at $11,000 in 10 years. The real estate is available, via a different owner and not included in this transaction. Club seats 899, Beer Garden Seats 200, Restaurant seats 140, Dining patio seats 40.  
   
Potential Growth/Expansion: New energy and dedication could establish this venue as the place to play in Oregon. The facility is there, needs management and promoter to pack the house. Tremendous potential.  
   
Competition: This Facility is well know with major entertainment agencies and has hosted over 1,700 artists/comics. Entertainers love this venue because of the facilities. Private dressing rooms & bathroom for Bands/Entertainers. Huge 5,000 sq ft Green area, with Production Office. 3 Dressing Room includes 3 showers, 3 vanities & water closets, laundry facilities and bunks. There are 2 Green Rooms; each accommodates 40 people with wet bars and kitchenettes. Band Garden includes giant outdoor area and full bar, decks, 10 person hot tub, and court for hoops.  
   
Owner willing to finance: 795000  
   
Owner willing to train: Training will be provided. This is the best small concert venue in Oregon.  
   
Reason for selling: Seller has retired from the Entertainment business and relocated.  
   
Seller Reference Number: 002BTM
BusinessMart.com Listing Number: 35578
 

 

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For more info contact:

Brody T. Mape

Compass Commercial
541.383.2444

CONTACT SELLER

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