Gavin McMichael, owner of The Blacksmith Restaurant in downtown Bend, has put the business up for sale, according to Compass Commercial Real Estate Services.
The listing price for the Blacksmith, at 211 N.W. Greenwood Ave., is $250,000, which includes all of the restaurant and bar’s inventory and equipment.
Attempts to reach McMichael on Thursday were unsuccessful.
At least two parties have expressed interest in buying the restaurant, said Bruce Kemp, principal broker at Compass Commercial. One of the interested parties is local, while the other is from out of the area.
The sale of Blacksmith is for ownership of the restaurant business, not the building, Kemp said.
The restaurant is expected to continue normal operations until a new owner is found, he said.
In November, McMichael filed Chapter 7 bankruptcy as an individual, indicating that the debts were primarily from business. Bankruptcy documents indicated more than $2.4 million was owed to food-product companies, phone companies, utilities and others.