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#5072
Area: Ventura County

CHINESE Cash Cow - 20 Year History - Full Liquor

$175,000  
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CHINESE Cash Cow - 20 Year History - Full Liquor
This Selling Restaurants Listing is Expired
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Want to Visit This Restaurant?  Then Select the Link to the Left "Want Name/Address."

**CHINESE Restaurant in a High Traffic Shopping Center with Full Liquor License in the City of Ventura.

**Restaurant first opened in 1997 and current owners bought it from original owners in 2014.

**Sales have continued to stay strong with Yearly Sales of approximately $500,000 this restaurant has been a money maker for them with consistent sales increases year over year and shows an Adjusted Income of $102,000.

**The Decor is very nice, with a large Dining Room, a Service Bar (with a few seats) and a Private Banquet Room seating an easy 30+ people.

**Full Liquor License that most Chinese Restaurant just don't have.

**Families love the place as the booths are comfortable and tables can be arranged to accommodate larger families as well. 

**The Kitchen is well equipped with many Woks and Fryers ready to handle the busy rushes and large parties. 

**With 3,380 Sq Ft of space there is no lack in the potential to continue to increase sales.

**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.

**Great Business for a family or someone looking for a nice business to continue to grow.

**Owners / Partners are looking to go their own ways as they had owned another restaurant together before and have now decided to go their own ways.

Don't let this opportunity pass you by, go by and visit this Restaurant today (take the time to enjoy a meal while there as the food is Great!!)

This is a a Paramount Restaurant Brokers, Inc. listing.
Agent Stuart Schlosser DRE License #01948125
Listing Status:
Available
Price:
$175,000
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

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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