Take Two, the neighborhood cocktail bar on NE Killingsworth in Portland's Concordia neighborhood, is closing on July 3 after its owners said they "just don't have any more runway." They cited a steep slide in sales and rising costs as the breaking point, which means this block of Killingsworth is about to lose a cozy late-night spot known for martinis and novelty slushie cocktails.
According to a report from the Portland Business Journal, the owners told the paper that a "drastic drop in sales" combined with higher costs after the start of the Iran war made the bar financially unsustainable. The outlet reported on June 23 that Take Two plans to lock up for good on July 3.
Neighborhood Spot With a Double Feature Concept
Take Two opened in early April 2024 and was described by Eater Portland as a spaghetti-western-vibed cocktail bar from the team behind Gabbiano’s. Coverage of the opening, along with the bar's own menu, spotlighted playful food like Bolognese-topped hot dogs and jalapeño popper arancini, plus a packed drink list featuring house martinis and espresso cocktails.
Who Runs It, Where It Is And How It Operated
Take Two's website lists Blake Foster and David Sigal as co-owners of the bar at 3000 NE Killingsworth St. The spot kept regular daily hours and promoted weekly happenings such as karaoke nights and industry nights, along with contact information and full menu details for the neighborhood crowd. As of this publication, the bar's site had not added a separate closure statement beyond the report in the Portland Business Journal.
Why Small Bars Feel The Hit First
Industry observers note that Oregon operators are dealing with higher-than-average dining costs and very thin margins, a combination that can leave neighborhood bars especially exposed when business cools. The Oregon Restaurant & Lodging Association reports that Oregon's menu prices sit well above the national average and points to wages, regulation and a high cost of living as ongoing cost drivers. With that kind of structural squeeze, a sudden drop in sales can push owners to close quickly rather than try to ride it out.
Take Two's last night of service is scheduled for July 3. This story will be updated if the owners issue a direct statement or share what is next for the staff and the space.
