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- RE: Profitable Craft Cocktail Bar In Yamhill County
- Contact: Jason Blair
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $643,355 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $58,991 | |
Total Debt: | Not Disclosed | |
FF&E: | $32,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 9 | |
BBN Listing #: | 952977 | |
Broker Reference #: | 59071-414028 |
Business Overview:
This cozy and charming bar is a hidden gem in a historic town that attracts wine lovers and tourists. Offering a variety of drinks and dishes, from craft cocktails and regional wines to small plates and desserts, this bar caters to different tastes and occasions. Whether you want to unwind with a drink, socialize with friends, or simply enjoy the ambiance, this bar has something for everyone. This bar has grown from humble beginnings to a brick-and-mortar business, with a loyal customer base and a strong online presence. This is a rare opportunity to own a profitable and popular bar in a prime location.
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Property Features and Assets:
This bar's history is a story of hard work and resilience. The founders were a cook and a bartender who moved to Yamhill County with a dream of owning their own business. They got a loan and worked on a space in a building owned by an investor who believed in their vision. Facing the challenges of the pandemic, they survived with the help of a government loan and their loyal customers. Reopening with a simplified menu and a small staff, they gradually expanded their offerings and hours. Now, with an expanded menu featuring more upscale and diverse items, they are open for lunch and brunch. Since its humble beginnings, it has grown into a popular destination for a wide variety of customers. The owner’s take great pride in their achievements and are continually seeking ways to improve and grow their business.
Market Competition and Expansion:
The bar has several potential growth opportunities that can help increase its revenue and customer base. One opportunity is to expand its catering services by using a catering van for weddings and events. The current kitchen can be utilized for legal preparation before loading the catering vehicle, ensuring efficiency and compliance. Additionally, the bar can plan live bands and vendor events to attract more customers and create a lively atmosphere. Offering branded T-shirts, hats, and other items appealing to loyal customers and tourists can help increase brand visibility and generate additional revenue. Balancing budget constraints between investing in new equipment and developing merchandise is crucial for sustainable growth. Remaining optimistic about eventual expansion into merchandise sales will help the bar stay motivated and focused on its long-term goals.
The bar and restaurant industry in Yamhill County, Oregon, is part of a broader hospitality sector that includes a variety of establishments, from casual dining to upscale restaurants. The industry is regulated by local health authorities, ensuring that all food service establishments meet specific standards. The county is known for its wine tourism, which attracts a steady flow of visitors, providing a robust customer base for local bars and restaurants.establishments meet specific standards. The county is known for its wine tourism, which attracts a steady flow of visitors, providing a robust customer base for local bars and restaurants.
Reason for Selling:
moving onAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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