Waterfront Brewpub - Real Property
Location:
United States
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Oregon
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Astoria
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
One of the regions busiest restaurants. Located on the waterfront, it offers a stunning view for customers from a comfortable and spacious dining area. In season an outdoor deck is available, saeting 40.
The restaurant will seat nearly 200 people including space available in the gaming room and dance floor. There are two sets of restrooms at both ends of the facility. The kitchen is expansive and fully equipped; grill, gas range, deep fryers, dual pizza ovens and sandwich prep/deli coolers. There are additional food prep and dishwashing rooms. The restaurant has three walk-ins; one for food, another for beer/wine and the third is a freezer. There is an additional room for dry storage.
The brewing facility is capable of producing 400+ barrels of beer annually, with additional room for brewing equipment if expansion is desired. There is an upstairs room for grain and equipment storage. Currently, most of the beer being produced is purchased and enjoyed at the brewpub. The bar has a full on-premise license. On busy nights it can accommodate two bartenders (with two seperate wells) and a bar back. The gaming room has full Lottery with additional electronic games and pinball. There is a stage for either live music or Karaoke, including a dance floor. There is a dedicated marketing area selling various T-shirts and related items.
The strength of this operation is the popular menu items, freshly made beer and friendly, hard-working staff. Customers love the location and the clientele is broad and varied. The decor is waterfront-classic and the atmosphere relaxed and pleasant. Lunch and dinner are served seven days a week, 11 am to 9 pm, with breakfasts from 8 am - 11 am on the weekends. On Fridays and Saturdays there is a DJ/Dance from 10 pm to 2 am. The facility also offers catering to the local population. - This corner location consists of approximately 9,000 square feet. - Sales for 2006 were 1,231,500, up 26% over 2005.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$1,200,000
Cash Flow:
$235,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1997
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Reason For Selling: Other business.
Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Bars and Pubs business for sale.
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Print Listing Id: 70066482
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