#601
Ventura Restaurants For Sale

Turn Key Well Established Italian Restaurant in Ventura County

$275,000

2,380 sq ft with 95 inside seats and 16 outside if desired, located at the end cap of a strip mall in a picturesque area of Ventura County. $2,975 rent includes NNN, nearly 4 years remaining with another 5 year option. Chef and General Manager have been working in the restaurant for over 15 years with a team of well trained staff. Old style Italian food preparation mostly from scratch. Fully equipped kitchen with stone plate pizza oven, 12 burner stove, pizza line, etc. laid out in an extremely efficient way. Dining area maintains an old-fashioned Italian Family restaurant look, with a large dining area on one side and a private section on the other. Well established within the community for 23 years with a very solid customer base. 41 beer and wine license included. Turn key operation suitable for first time owners, owners expanding into their second and third restaurant, or simply for investment. Owner's family is relocating to the east coast and thus has decided to sell. P&L available to serious buyer upon request. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.

Agent Puffin So DRE License #01730371

Lease

Region:

Ventura Restaurants For Sale

Lease Term:

3 yr 10 mths + one 5 yr optioin

Total Monthly Rent:

$2,428

Security Deposit:

$2,975

Financials

Last Year's Annual Gross:

$265,946

Last Year's Owner's Cash Flow:

$45,000

Operations

Liquor License:

# of Full-Time Employees:

# of Part-Time Employees:

# of Family Employees:

Hours Open:

closed Mondays

Year Established:

1983

Hood System Type 1:

Yes

Facilities

Indoor Seating:

Outdoor Seating:

# of Parking Spots:

Inside Sq. Ft.:

2,380

Outside Sq. Ft.:

Highlights

Popular Italian Restaurant on the premises for 23 years
Located in a picturesque part of Ventura County
Chef and General Manager have been on the job for 15 years
Only operating 6 days out of a week, huge potential to further expend business
Solid customer base, well established within the community
2,380 sq feet located at the end cap of a local strip mall
$2,975 monthly rent includes NNN, over 3 years remaining with a 5 year option
95 inside seats, 16 outside if desired; plenty of parking
Maintains an old fashion friendly family restaurant atmosphere
Turn key operation, suitable for owner/operator or investment
Has 41 beer and wine license
Owner moving out of state, has decided to sell

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	1-mi.	3-mi.	5-mi
2014 Total Population	24,576	106,119	195,681
Households	1-mi.	3-mi.	5-mi
2010 Number Of Households	7,578	24,643	49,472
2010 Persons Per Household	2.98	4.25	3.86
Median House Value	$303,700	$277,385	$319,371
Income Per Household	$52,814	$53,220	$59,291
Businesses	1-mi.	3-mi.	5-mi
2009 Number Of Businesses	222	814	2,691
2012 Number Of Employees	4,536	19,382	75,016
2012 Total Annual Payroll	$59,989,000	$348,064,000	$1,492,453,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA. 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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

Other Listings in the Area

#6496

Popular Restaurant in Ventura County - Facility Only

Lease:
Expires 5/30/2027 + Options

Monthly Rent:
$14,517

Annual Revenues:
$2,800,000

Square Feet:
5,000

Available
$299,000
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