Merit Commercial Real Estate has been exclusively retained to market for sale the business assets of Taprock Northwest Grill. Taprock is a landmark restaurant business in Southern Oregon, with its flagship location in a stunning custom-built lodge on the banks of the Rogue River in beautiful Grants Pass.  

First opened in the Spring of 2009, the location came into life through an effort led by local Evergreen Federal Bank to create a facility that both celebrates and brings together the tight-knit community of Grants Pass. The facility is truly one-of-a-kind, built with high-end finishes, custom ornamentation, and a modern-rustic lodge style.

The building offers multiple indoor dining areas on separate levels, as well as serving as the loading and waiting area for the Hellgate Jetboat Excursions. 

Thomason Hospitality Group, a highly diversified operator continues to operate the restaurant, growing it into one of the most popular higher-end eateries in the area. Taprock NW Grill is ranked #8 of 185 restaurants in the area and consistently reviews over 4 stars with over 2,500+ Google reviews.

The brand of Taprock NW Grill embodies the spirit of the Pacific Northwest better than most brands. The atmosphere of the restaurant has been fine-tuned to allow patrons to relax and enjoy beautiful views and great food. The Pacific Northwest culinary style, noted by its emphasis on local ingredients, sustainability, and collaborative nature shines in Taprock NW Grill's casual yet sophisticated brand.

The brand, which has been successful for over 15 years, has established itself as the go-to restaurant for a comfortable dining experience at reasonable pricing, and consistently accommodates over 150,000 guests per year.

The business assets of Taprock NW Grill are now being offered for sale on the open market for the first time. 

The asking price includes the fully completed franchise system in addition to all FF&E, branding, resources, and assets of the existing business. 

The offering presents the rare opportunity to own and control an iconic destination in an irreplaceable location. Positioned at the heart of a growing market, the next operator will be able to leave their unique touch on a proven and important business in Southern Oregon!

Transaction Guidelines

The business assets, including the full franchise system of Taprock Northwest Grill is being offered on the open market for $2,000,000. Purchasers should rely on their own assumptions for any offers. Merit Commercial Real Estate ("MCRE") will be available to assist prospective purchasers with their review of the offering and answer any questions within their scope of practice. Site tours of the property and tours of the market, for qualified prospective purchasers, can be arranged with MCRE upon request. The Seller and MCRE request that all initial meetings requested by prospective purchasers be arranged and coordinated through MCRE. There is not currently a definitive date for offers to be submitted. When a prospective buyer prepares an offer for Taprock Northwest Grill, such offers should, at a minimum, include the following:

• Purchase price

• Sources of capital (equity and debt) for the transaction

• Buyer's resume including prior operating experience in similar sectors

• Buyer's due diligence period, extension options, and internal approval process

• Desired closing date

• Breakdown of closing expenses to be paid by buyer and seller, if differing from local customs

Please contact listing brokers Scott and Caspian or click here to complete an NDA.

Disclosure

This listing presentation is intended for only the party receiving it from Merit Commercial Real Estate (hereinafter referred to as "MCRE"), and should not be made available to any other reviewing entity without the prior written consent of MCRE. All information included in this offering memorandum has been obtained from sources deemed reliable, however, Owner, MCRE, and/or their representatives make no representations or warranties, expressed or implied, as to the accuracy of the information, and makes no warranty or representation into the exact state of the property, the presence of contaminating substances, PCB's or asbestos, the property or owner's compliance with State and Federal regulations, or the physical condition of any improvements on the property. The recipient of this document must independently verify the information and assumes any and all risk for  inaccuracies contained herein. The information contained in this offering memorandum is not a substitute for a thorough due diligence investigation.