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#3008
Ventura Restaurants For Sale

RESTAURANT Near the Beach in Ventura For Sale With a Full Liquor License 47

$95,000
RESTAURANT Near the Beach  in Ventura For Sale           With a Full Liquor License 47
This Listing is Expired

Owner says bring me an offer and just reduced price from $150K to $95,000 which INCLUDES A 47 Liquor License. This is priced at an asset sale price making this an easy decision. Come by view the restaurant, location, visibility, parking, ETC and see if this is not for you!!

So you want a Sports Bar, Family Restaurant, Breakfast and Lunch Operation, Quick Serve, YOU NAME IT Easy to Convert with current layout.

THE RESTAURANT: We are happy to present this wonderful restaurant in the beautiful city of Ventura.  This is a dream of a restaurant too!  This is a stand alone restaurant located only blocks from beach with lots of parking, which is hard to come by in this area, easy access to freeway, and wonderful street visibility.  And all this with a patio and private dinning room for special parties, meetings as well.  

This restaurant has a fully equipped kitchen and a gorgeous bar with a Full Service type 47 Liquor License and all the top shelf offerings, as well as an exciting selection of wines.

THE NUMBERS: This restaurant has a history of doing more than a million a year in gross sales.  But just like all the other restaurants in this class, the numbers have come down, but even so, $735,000 still isn't bad!!! . There aren't too many restaurants of this quality priced like this!

THE USES:  You can continue with current concept and add some of your personal touches to it or if you've been looking for a nice restaurant space and you want to save the time and money of not building one from scratch, then by all means, take a look at this place.  This is a first class restaurant with a high quality finish. 

The buyer needs to have strong experience as well as plenty of working capital to acquire this location.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Ventura Restaurants For Sale
Lease Term:
Feb 2012 + 2 - 5 Yr Options
Total Monthly Rent:
$6,000
Security Deposit:
$15,000

Financials

Last Year's Annual Gross:
$734,857
Last Year's Owner's Cash Flow:
$99,098
Last Year's Food Cost %:
260917
Last Year's Payroll Cost %:
251840

Operations

Liquor License:
47
# of Full-Time Employees:
2
# of Part-Time Employees:
14
# of Family Employees:
1
Hours Open:
5PM - 11PM 6 days
Year Established:
2007
Hood System Type 1:
Yes

Facilities

Outdoor Seating:
22
# of Parking Spots:
34
Inside Sq. Ft.:
3,500
Outside Sq. Ft.:
200

Highlights

  • Beautiful Free Standing Restaurant with lots of parking
  • Gorgeous Bar and Dining Area
  • Private Banquet Room that seats 32 people
  • Patio area that seats 22 guests that can be used for private parties also.
  • Fully equiped kitchen
  • Located only blocks from beach
  • In Historic Area of town
  • 47 Liquor License

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 33,470
Households 5-mi
2010 Number Of Households 12,933
2010 Persons Per Household 2.52
Median House Value $414,100
Income Per Household $52,407
Businesses 5-mi
2009 Number Of Businesses 1,046
2012 Number Of Employees 18,782
2012 Total Annual Payroll $367,593,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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