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#497
Thousand Oaks - Camarillo - Ventura

Popular Chinese Restaurant in Simi Valley

$60,000
Sold
Popular Chinese Restaurant in Simi Valley
This Listing is Sold
Very popular Chinese restaurant in the heart of Simi Valley's shopping area. It opens 6 days a week; weekend Dim Sim, everyday buffet lunch, family dining and full course banquet, it does it all! Same location for the past 15 years. 160 seatings. It's a real steal! Owner retiring.This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Thousand Oaks - Camarillo - Ventura
Lease Term:
14 months

Operations

Liquor License:
41
Hours Open:
11am - 10pm
close Mondays
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
4200

Highlights

  • Popular Chinese restaurant in Simi Valley
  • In a heavily traffic shopping mail
  • Has been on the premises for 15 years
  • Large comfy restaurant, low rent, plenty of parking
  • buffet lunch, take out, sit down, banquets, well equiped for extremely high volume
  • Owner retiring, must sell
  • Liquor license included
  • this is a real steal!

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 54,798 54,798
Households 3-mi. 5-mi
2010 Number Of Households 18,650 18,662
2010 Persons Per Household 2.90 2.90
Median House Value $423,400 $423,128
Income Per Household $84,216 $84,162
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,086 1,089
2012 Number Of Employees 23,478 23,494
2012 Total Annual Payroll $474,595,000 $474,744,000

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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