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#4098
Ventura Restaurants For Sale

Mexican Bar and Grill with Full Liquor License in Beach Community

$500,000
Sold
Mexican Bar and Grill with Full Liquor License in Beach Community
This Listing is Sold

This full service Mexican Restaurant has been established for 18 years, current owners have been here 7 years and still going strong. With kids growing up and going in their own direction owner says its time to move on too. So here you have years of success. Located on the corner of 2 busy streets with high visability to street traffic and thousands of cars drving by each day. 

This restaurant has a great reputation in the area for their food and atmosphere, with live bands on Friday nights for dancing and listening enjoyment. There is a large patio/banquet room that can seat over 100 people which is great for weddings, birthdays or any occassion as well as business meetings.

Restaurant has good parking avaliable for convience of guests. Located only couple blocks from the beach this is a good stop after a day in the sun.

Lease expires in 2017 plus 5 year option. Let's ask the landlord for more options!

The owner claims the restaurant has the volume to substantiate the price. But you need to do your complete due diligence to prove it. 

For pictures, name and address go to the "Sign NDA" tab below and let your quest begin.

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Ventura Restaurants For Sale
Lease Term:
Sept 30, 2017 + 5 yr option
Total Monthly Rent:
$5,192
Security Deposit:
$3,000

Operations

Liquor License:
47
# of Full-Time Employees:
1
# of Part-Time Employees:
13
# of Family Employees:
3
Hours Open:
11AM - 9PM Mon- Thurs
11AM - 12PM Fri and Sat
10AM - 9PM Sun
Year Established:
1996
Hood System Type 1:
Yes

Facilities

Indoor Seating:
100
Outdoor Seating:
120
# of Parking Spots:
lots
Inside Sq. Ft.:
3,194
Outside Sq. Ft.:
1674

Highlights

  • Established 18 YEARS!!
  • Great Rent!!!
  • Lots of Parking!!
  • Only Blocks from Beach
  • High Visability Corner street location
  • Large banquet room
  • Great Reputation!
  • Live Bands!!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

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, foreward 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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