Ventura Restaurants For Sale
PIZZA, Pasta and Salads
Available
The Pizzeria is located in a large shopping center in Thousand Oaks
Serving Authentic New York Style Pizza as well as Pasta dishes and Salads
Within footsteps there is a major gym, movie theater, escape room, kids trampoline jump activity place as well as other recreational facilities.
The area is surrounded by residential homes and apartments, professional offices and other retail businesses.
The business has inside seating for 26 as well as sharing an outdoor court yard with additional seating.
Owner has given the facility a recent face lift making the place look appealing and better functionality.
There are 2 Double Stack Pizza Ovens, large dough mixer, pizza topping refrigerator and much more.
ABOUT THE BUSINESS
Reason for the sale of business is due to owners recent health issue and can only work limited hours.
The restaurant has had growing sales and is currently over break-even but profits are minimal currently.
Owners work the business along with their 3 employees.
Business is open limited hours and has room to extend hours of operation.
This would be a good opportunity as a family run business looking to build a business together.
Deliveries have been contracted through a third person delivery service that could be brought in house to save on the delivery fees.
FUTURE OF THIS LOCATION
Hilton has signed with the city of Thousand Oaks (which has already approved) to build a 216 unit Home2Suites Hotel on the premise.
There is also a 300 unit apartment complex that has also received approval to be build right next to the shopping center.
Buyer could add Beer and Wine license to bring in additional customers if chosen (restaurant had one in the past)
WHAT BUYER IS GETTING
A fully furnished working business with an established customer base at a fraction of the cost of building a new restaurant.
This cuts out months of dealing with architects, city planners, building department, health department and waiting for a contractor to complete the construction all costing lots of $$$ and time.... Here you Walk Right In and go.
Restaurant is priced at an asset sale price so whether you are looking to continue the current concept or bring in your own this is a great deal for the right person.
Buyer will need to get pre-approved upon making an offer as the location will need a person with Good Finances, Good Credit Score and prior experience in food service as the landlord will be wanting to know the new operator will continue to build a successful business.
So if you qualify and want to get more information then please go to the Contact Agent tab and complete the online confidential agreement and let’s see if this is to be your place.
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Operations
11AM - 8PM Wednesday - Sunday
Facilities
Highlights
- New York style PIZZERIA in a GREAT LOCATION
- LOTS OF PARKING
- Beautiful outdoor eating area
- Large Family Indoor Activity center only doors down
- Nationally know Gym doors away
- Many new apartments coming soon, already received city approval
- New 160 room Hotel breaking ground this summer
- Movie Theater next door
- Newly Opened ESCAPE ROOM
- Possibility for Buyer to add Beer and Wine
- BUYER COULD EXTEND HOURS OF OPERATION
Financing
Demographics
| Population | 3-mi. | 5-mi |
|---|---|---|
| 2014 Total Population | 41,107 | 98,772 |
| Households | 3-mi. | 5-mi |
| 2010 Number Of Households | 14,823 | 36,760 |
| 2010 Persons Per Household | 2.76 | 2.64 |
| Median House Value | $556,000 | $630,502 |
| Income Per Household | $93,042 | $99,195 |
| Businesses | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,386 | 4,625 |
| 2012 Number Of Employees | 37,462 | 109,302 |
| 2012 Total Annual Payroll | $756,677,000 | $3,118,818,000 |
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.