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#811
Ventura Restaurants For Sale

Established Chinese Buffet Restaurant in Santa Barbara County

$120,000
Sold
Established Chinese Buffet Restaurant in Santa Barbara County
This Listing is Sold
Well established Chinese restaurant in a heavily tourist area in Santa Barbara County. Recently remodeled 5500 sq ft with an office, an enclosed counter area, a meeting room, a private banquet room, and a main dining area with 3 buffet tables. Rent $5500 includes CAM with 2 years remaining plus a 5 year option. Owner relocating to China Town and thus want to sell. Asking $120,000.
This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Ventura Restaurants For Sale

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
2
Hours Open:
sunday to monday 11am to 9pm
Hood System Type 1:
Yes

Facilities

Indoor Seating:
150
# of Parking Spots:
30

Highlights

  • Well Established Chinese Restaurant in a heavily tourist area in Santa Barbara County
  • Rent $5500 includes CAM; 2 years remaining plus one 5 year option
  • Large dining area with 3 brand new buffet tables
  • Private banquet room sits 70+
  • Private meeting room sits 20+
  • Ample parking space
  • 41 beer and wine license
  • Owner relocating
  • Asking $120000

Financing

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

Demographics

Population 5-mi
2014 Total Population 36,099
Households 5-mi
2010 Number Of Households 11,602
2010 Persons Per Household 3.10
Median House Value $268,700
Income Per Household $50,912
Businesses 5-mi
2009 Number Of Businesses 1,176
2012 Number Of Employees 32,408
2012 Total Annual Payroll $584,088,000

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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