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#4239
Thousand Oaks - Camarillo - Ventura

Prime Camarillo Restaurant - Sushi - Beer/Wine - Money Maker

$300,000
Available
Prime Camarillo Restaurant - Sushi - Beer/Wine - Money Maker
This Listing is Expired

PROFITABLE ELEGANT RESTAURANT IN CAMARILLO

LOCATION: Located in the highly desirable East Camarillo area of Mission Oaks, this restaurant is situated in a prime location with large patio dining with nice views and facing east in the afternoon shade.  The interior has 2,212 Sq. Ft. inside. 

The restaurant is immaculately and elegantly finished containing Oak paneled walls, copper ceilings and custom high quality cloth seating and booths offset with beautiful chandeliers, and much more. 

A Sushi bar was recently added to the menu as was many online delivery services to boost sales, and it is working!

THE NUMBERS: The Annualized 2017 Revenue was nearly $808,000 with an adjusted net income of $155,000 and 2018 is looking even better according to the owner. 

GROWTH OPPORTUNITY: There are 100+ luxury condos being build within 100 Feet of this restaurant and slated to be finished and selling by the end of the year!  This will surely send more business to this restaurant. 

KITCHEN: The kitchen is designed to be an efficient use of the space. It is fully equipped and includes a 2 fryer machines, 8 burner stove with two ovens, flat iron grill and a double wok stove.  

HISTORY: The owner started this restaurant in 2006 and sold it to an employee. The employee then sold back to the owner in 2017.  He's turned the business around with solid restaurant entrepreneurship. His hard work becomes your money maker. 

KITCHEN: The kitchen is fully equipped with Woks as well as American cooking equipment.  The hood system is large,

LEASE: Landlord will negotiate a new lease with buyer. 

SBA LOAN: Since the current owner doesn't have enough years of operations on tax returns, this business DOESN'T qualify for an SBA loan. 

Please visit our website a SellingRestaurants.com for more information.

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Thousand Oaks - Camarillo - Ventura
Lease Term:
New Lease - Call for Terms
Total Monthly Rent:
Call

Financials

Last Year's Annual Gross:
$807,000
Last Year's Owner's Cash Flow:
$155,000

Operations

Liquor License:
41
# of Full-Time Employees:
7
# of Part-Time Employees:
5
# of Working Owners:
1
Hours Open:
Sunday - Thursday 10am - 10pm
Friday & Saturday 10am - 11:30 pm.
Year Established:
2006
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
Plenty
Inside Sq. Ft.:
2212
Outside Sq. Ft.:
1000

Highlights

  • Prime Camarillo Location
  • Large Outside Patio
  • Elegant Decor
  • Copper Finish Ceilings
  • Oak Panel Walls
  • Custom Cloth Seating
  • Nice Kitchen

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 34,993 80,308
Households 3-mi. 5-mi
2010 Number Of Households 12,990 28,066
2010 Persons Per Household 2.59 2.77
Median House Value $480,600 $532,168
Income Per Household $94,368 $99,899
Businesses 3-mi. 5-mi
2009 Number Of Businesses 924 2,091
2012 Number Of Employees 29,790 29,790
2012 Total Annual Payroll $896,297,000 $896,297,000

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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