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#5072
Area: Ventura County

Chinese Restaurant with Full Liquor

$200,000  
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Want to Visit This Restaurant?  Then Select the Link to the Left "Want Name/Address."

Well Established Chinese Restaurant in a High Traffic Shopping Center with Full Liquor License. This restaurant first opened in 1997 and current owners bought it from original owners in 2014. Owners are looking to go their own ways as they had owned another restaurant together before this one and have now decided to sell this business.

Sales have continued to stay strong with Yearly Sales of approximately $500,000 this restaurant has been a good money maker for them. They both work the restaurant, one is the chef and the other runs the front of house. Together they are making about $88,000+ per year, all these figure must be verified by Buyer as SellingRestaurants has not validated these figures.

The restaurant has a very nice decor, with a large Dining Room, a Service Bar and a Private Banquet Room seating an easy 30 people getting booked quite often. With a Full Liquor License they bring in the people wanting to celebrate special events and business people with their clients. The Kitchen has many Woks and Fryers to handle the busy rushes and big parties. The restaurant has plenty of room with 3,380 Sq Ft of space.

The Shopping center has a number of major National Tenants and a good mix of other businesses. Located off a very busy street and the 101 freeway within blocks there is no lack of customer to be had.

This would be a great business for a family or someone looking for a nice business to continue to grow.

This is a a Paramount Restaurant Brokers, Inc. listing.
Agent Stuart Schlosser DRE License #01948125
Listing Status:
Available
Price:
$200,000
Location:
Ventura County
Last Year's Annual Gross:
$497,000
Last Year's Owner's Cash Flow:
$102,000
Lease Information:
March 31, 2022
Total Monthly Rent:
$10,280.00
Liquor License:
47
Indoor Seating:
92
# of Parking Spots:
Plenty
# of Full-Time Employees:
2
# of Part-Time Employees:
5
# of Working Owners:
2
Hours Open:
Mon - Thurs 11AM-3PM 4PM-9PM
Friday 11AM-3PM 4PM-9:30PM
Saturday 12PM-3PM 4PM-9:30PM
Sunday 12PM-3PM 4PM-9PM
Year Established:
1997
Inside Sq. Ft.:
3280
Hood System Type 1:
Yes
Email:
Pass:

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