Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#4900
Area: Ventura County

Italian Restaurant a Community Icon with Beer and Wine

$80,000  
Get Demographics  
Italian Restaurant a Community Icon with Beer and Wine
This Selling Restaurants Listing is Sold
General Info
Specs
Highlights
Name/Address
Disclaimer
Other Listings in the Area
  • Italian Restaurant w/Full Liquor & Bar Next to Westlake Village
    #4921
    Italian Restaurant w/Full Liquor & Bar Next to Westlake Village
    Lease:  
    Nov,30 2020 + 5 yr option
    Monthly Rent:  
    $9,043
    Square Feet:  
    2,250
    Facebook Twitter Google+ Email
    Available
    $125,000
  • ITALIAN RESTAURANT with 41 Beer and Wine License and PATIO
    #5035
    ITALIAN RESTAURANT with 41 Beer and Wine License and PATIO
    Lease:  
    Dec 31, 2019 + 2 5yr options
    Monthly Rent:  
    $5,819
    Annual Revenues:  
    $594,221
    Square Feet:  
    2,400
    Facebook Twitter Google+ Email
    Available
    $159,000
  • RENT BELOW MARKET:Turn-Key Italian QSR in Westlake w/Beer & Wine
    #5092
    RENT BELOW MARKET:Turn-Key Italian QSR in Westlake w/Beer & Wine
    Lease:  
    About 6 Year Remain w/2 Five Year Options
    Monthly Rent:  
    $5,900
    Square Feet:  
    1,247
    Facebook Twitter Google+ Email
    Available
    $150,000
    Down Payment
  • NORTH RANCH AREA - Bar & Restaurant Facility - Hard Liquor - Low Rent
    #5100
    NORTH RANCH AREA - Bar & Restaurant Facility - Hard Liquor - Low Rent
    Lease:  
    May 8th 2020 + 5 Year Option
    Monthly Rent:  
    $8,265
    Square Feet:  
    2,850
    Facebook Twitter Google+ Email
    Available
    $179,000
    Down Payment
  • Money Maker Bar & Restaurant W/Hard Liquor + Long History - SBA Loan
    #5144
    Money Maker Bar & Restaurant W/Hard Liquor + Long History - SBA Loan
    Lease:  
    New Long Term Lease
    Monthly Rent:  
    $9,720
    Annual Revenues:  
    $1,223,119
    Annual Adj. Net:  
    $147,233
    Square Feet:  
    3,600
    Facebook Twitter Google+ Email
    Available
    $400,000

This Italian Restaurant has been a part of this Conejo Valley community since 2008 and has made its mark with the locals and those passing through.  Great Yelp reviews made this restaurant the special go to spot for great Italian food. Located in one of Conejo Valleys preferred areas, the restaurant has both lunch and dinner crowds to draw from.  

Making some of the best Pizza in the area and great pasta dishes as well as the typical Italian dishes like Chicken Piccata and Marsala, fettucini,.spaghetti, eggplant  parmigiana, lasagna...you name the Italian dish, and they have it.

Owner has been busy taking care of his guests for many years now he says its time to retire and pass this little gem off to someone new that can continue to build upon what he has put in place. New owner could get some social media going to connect with the customers more. Then there is the possibility to expand upon the beer and wine offerings to bring in those looking for a nice little quaint place to enjoy a specialty beer with a great meal. Because of his age owner has cut operating hours back considerable over past few years that a new owner could expand the business by opening more as well.

Owners stated profit has been in the $60,000 per year range, this has not been verified by SellingRestaurants. This would be a great business for a family where they could cut back on some of the labor and keep more of the profits for themselves.

Anyway you look at it, this is a great little restaurant at a Great Price with so much potential for the right operator.

To get name, address and see many pictures just go to the tab "Sign NDA" and see if this is not all I have said it is or go to SellingRestaurants.com and search for listing 4900. 

 

This is a a Paramount Restaurant Brokers, Inc. listing.
Agent Stuart Schlosser DRE License #01948125
Listing Status:
Sold
Price:
$80,000
Location:
Ventura County
Last Year's Annual Gross:
$255,125
Last Year's Owner's Cash Flow:
$58,329
Lease Information:
New Lease
Total Monthly Rent:
$3,339.00
Liquor License:
41
Indoor Seating:
55
Outdoor Seating:
8
# of Parking Spots:
Plenty
# of Full-Time Employees:
3
# of Part-Time Employees:
5
# of Working Owners:
1
Hours Open:
11:30AM - 2:30PM 5:00PM - 9:00PM
Mon - Fri
5:00PM - 9:00PM
Sat and Sun
Year Established:
2005
Inside Sq. Ft.:
1620
Outside Sq. Ft.:
20
Hood System Type 1:
Yes

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.


Terms Of Use     © 2017 Powered by BBMT Inc.