Profitable Craft Cocktail Bar In Yamhill County

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:

Monthly Rent: $2,040.00

Square Units (Foot, Meter): 1,700

Lease Expiration Date: June 30, 2024, 3:00:00 AM

Terms Options: Base rent

Market Competition and Expansion:

Competition:

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.

Expansion:

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:

Additional Details:

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