Established Restaurant and Bar in Beautiful Coastal Oregon Location
Financial Details
- Asking Price:
- $79,000
- Annual Revenue:
- $368,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- SDE
- Valuation Multiple:
- 0.8x
- Location:
- Astoria, OR, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This is a well-established restaurant and bar located in a prime riverfront setting within a historic coastal town. The business offers an upscale casual dining experience with a French-inspired menu and a full-service lounge featuring signature cocktails, making it a favorite for both locals and tourists for over 15 years. Significant leasehold improvements have been made, and all equipment is in good working order. The operation is supported by established procedures, an executive chef with over a year of tenure, and a trained team. Recent Cost of Goods Sold are a healthy 29.9%. The business has a strong community presence and is a popular repeat destination. Growth opportunities are abundant, with plans for expanded hours and potential outdoor seating. The owner is motivated by relocation and offers comprehensive training and support for a smooth transition. The sale includes all recipes, FF&E valued at $50,000, and inventory estimated at $65,000.
Industry Information
- Industry Description:
- Restaurants & Food
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2004
- Reason for Selling:
- Owner desires relocation
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $2,043 USD
Assets & Inventory
- FF&E Value:
- $50,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $65,000 USD
- Includes Inventory:
- Yes
Listing Details
- Listing ID:
- 051458ed-f7d3-4f71-8254-519cfa760c57
- Deal Status:
- For Sale
- Last Updated:
- September 15, 2025
- Currency:
- USD