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#3369
Ventura Restaurants For Sale

Very Popular Resort Area Restaurant w/Bar & Type 47 Hard Liquor

$99,000
In Contract
Very Popular Resort Area Restaurant w/Bar & Type 47 Hard Liquor



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This restaurant has a rustic garden setting in beautiful resort Area where all the stars come to relax. This restaurant is nestled at the end of town across from a Golf Course.

This restaurant has a unique style and appeal that welcomes a variety of guests. Relax by a crackling fireplace on those cool winter nights and sip on your favorite cocktail as you savor the delicious food choices. Liquor license (type 47) and full bar stocked with many popular selections makes this a special place to get your favorite and unique drink. 

Enjoy a scenic views surrounding this location, as well as a beautiful patio garden area for dining when you arrive. It's the perfect place for vacationers, stars, lovebirds, family and friends to relax and enjoy great home-style meals. With homemade soups, classic entree favorites, and carefully crafted desserts, this restaurant quickly became and remained a local favorite.

Current owners are looking to pursue new endeavors after many years of establishing this location and wish to extend this opportunity to interested entrepreneurs. Ideal location for a family owned, husband and wife team to build upon their dream.

This is a Paramount Restaurant brokers, inc. Listing, a California Corporation

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

Lease

Region:
Ventura Restaurants For Sale
Lease Term:
expires 2012 + 3 1yr options
Total Monthly Rent:
$2,319
Security Deposit:
$2,899

Financials

Last Year's Annual Gross:
$347,020
Last Year's Food Cost %:
20
Last Year's Payroll Cost %:
20

Operations

Liquor License:
47
# of Part-Time Employees:
4
# of Family Employees:
2
Hours Open:
Mon-Fri11AM-2PM 5PM-8PM
Sat&Sun9AM-2PM 5PM-8PM
Year Established:
1993
Hood System Type 1:
Yes

Facilities

Indoor Seating:
36
Outdoor Seating:
36
# of Parking Spots:
lots
Inside Sq. Ft.:
1,757
Outside Sq. Ft.:
?

Highlights

  • Established Restaurant 19 years old
  • Owners wanting to slow down and persue other adventures
  • Very Cozy Dining area and Beautiful Patio Area
  • You can continue with present concept and add to it or convert to your own
  • Good customer base of regular guests and vacationers favorite.
  • Full liquor license - Type 47

Financing

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

Demographics

Population 5-mi
2014 Total Population 20,056
Households 5-mi
2010 Number Of Households 8,280
2010 Persons Per Household 2.44
Median House Value $514,900
Income Per Household $62,133
Businesses 5-mi
2009 Number Of Businesses 638
2012 Number Of Employees 10,594
2012 Total Annual Payroll $188,201,000

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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