Restaurant site & lease brief
1341 Bay Street
The Old Wharf Building · Historic Old Town Florence, Oregon 97439
The opportunity in one paragraph
A fully built, fully compliant restaurant premises with a full bar and an active liquor licence, in the most prominent storefront of a walkable coastal tourist district — available with or without the equipment package. It trades today as Himalayan Grill House, but this brief is about the site: a turnkey room for an incoming franchise or concept, with the expensive and slow parts of a restaurant build-out already done, signed off and paid for.
Why an operator should care about this particular room
The three things that most often blow out a restaurant build — grease interception, fire suppression and fire-department code sign-off — are already in place here. So is the liquor licence, which is active. A new concept can be fitted to the space without waiting on the approvals or absorbing the capital that normally sits between signing a lease and opening a door.
Location
Bay Street is Old Town Florence's waterfront dining strip — a compact, walkable, tourist-driven district on the central Oregon Coast. The building is a restored 1901 general store, the most prominent storefront on the street, and carried the well-known Bridgewater Fish House & Zebra Bar for decades before the current tenancy. It is a proven restaurant address with a 30+ year dining pedigree, not an untested one.
| Vehicles past Old Town / yr | 4 million+ |
| Local tourism economy | ~$320 million |
| Share of local jobs | Over half, tourism-supported |
| Rhododendron Festival | 35,000+ visitors |
| Peak season | May–September |
The premises
| Seating and layout | |
|---|---|
| Indoor seating | Approximately 70 seats, including the bar |
| Bar | Approximately 8 seats; separate 21+ bar area |
| Outdoor | Patio seating — two table groups. Trades as its own revenue centre in the POS. |
| Large-party capability | A single table seats 12 — group bookings and small functions |
| Areas | Indoor dining room · bar area · outdoor patio |
| Square footage | Available on request |
| Fit-out, services and compliance | |
|---|---|
| ✓ Grease interceptor | Installed and in service |
| ✓ Fire sprinkler system | Installed |
| ✓ Fire-department requirements | Completed and signed off — no outstanding works and no cost to an incoming operator |
| ✓ Commercial kitchen | Full commercial kitchen, currently operating |
| ✓ Liquor licence | Active. Full bar; 21+ bar area with the required notices posted. Licence class, annual cost and transfer process available on request. |
| ✓ POS & online ordering | Toast POS with commission-free online ordering configured (currently pickup only) |
Lease
| Term remaining | 4 years |
| Option | Further 5 years |
| Rent | Available on request |
| Assignment / landlord approval | Lease documentation available to qualified parties |
| Outgoings, bond, guarantees | Details available on request |
What is included — two options
Option A — complete business
The operating restaurant: equipment, fit-out, brand, recipes, the trading name, the 4.7★ Google profile and 150 reviews, the online-ordering setup, and lease transfer. Trained staff available to retain, and the owner will provide transition training.
$245,000
Option B — site only, without equipment
For an operator bringing their own concept, franchise or fit-out. The premises, the lease, the compliant services and infrastructure, and the liquor licence — without the equipment package, the brand or the restaurant business.
Price on application — an equipment schedule is being prepared and the site-only figure is set against it.
Current trading — for context only
A buyer taking Option B is not acquiring these earnings and would run their own numbers. They are included because they demonstrate what the room does with a single independent operator, no delivery and no advertising:
| Opened | April 2025 |
| First-year net sales | $442,492 (Toast POS, 1 Apr 2025 – 1 Apr 2026) |
| Orders / guests | 7,690 / 25,685 |
| Average check | $50.68 |
| Reputation | 4.7★ across 150 Google reviews — earned with no advertising of any kind |
| Delivery | Never operated — $113.91 across three orders in twelve months |
| Current hours | Six days, closed Wednesdays · 11:30–2:30 and 4:00–8:00 |
| Season | May–September accounts for 59% of annual revenue |
2026 has been slower across coastal Oregon tourism generally — visitor numbers down on 2025, input costs up. Current-season figures available on request. Full POS reports and financial records are available to qualified parties under NDA.
Enquiries and inspections
Shisir Lama · WhatsApp +61 426 967 521 · shisir@austradigital.com.au
Lease documentation, licence details, the equipment schedule and trading records are released to qualified parties on request.