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#5035
Area: Ventura County

ITALIAN RESTAURANT with 41 Beer and Wine License and PATIO

$159,000  
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To Visit This Restaurant, Select the Button to the Left "Sign NDA."

Serving the Community since 1979 with some of the finest Italian Foods in the area, this business is a rare find.

This is the go to place for Fresh Italian Subs or a Delicious Cheesy Pizza cooked just like Mamma did in the Old Country.  Pair the great food with a bottle of Chianti or an Iced Cold Beer and Manga you are in Italian Heaven, especially finishing it off with a fresh cannelloni or tiramisu.

Guests can choose to dine on the Patio or the Dining Room. Either has the comfort of a cozy Country Cafe feel. There is also a counter area where guests walk up and order.  The deli also carries specialty Italian hard-to-find items, adding character to the business.

The catering business is a good part of the business as well with pans of their famous Lasagna, specialty Pastas with their homemade sauces being some of the favorites. Bowls of delicious Salads and desert trays are also available.

The Owner is going to slow-down his life and smell the roses for a bit as he has been busy in the restaurant business since a youth and its time to pass the baton. 

The lease has favorable terms for this area with a total monthly rent including CAM of $5,819 for the 2400 sq ft location and the 50 sq ft Patio area. The lease goes to Dec of 2019 and has 2 additional 5 year options so you are secure in this location.

Sales have remained strong over the years even with so many new restaurants coming into the area. Monthly sales have been averaging approximately $50.000.  Sellers income has been in excess of $75,000++ per year and interested buyer will need to verify theses amounts once interested in the business as SellingRestaurants has not done so.

The Kitchen is well equipped with all that is needed including a LARGE Dough Mixer, Pizza Oven, Burners,  Grill, ETC.

This is a a Paramount Restaurant Brokers, Inc. listing.
Agent Stuart Schlosser DRE License #01948125
Listing Status:
Available
Price:
$159,000
Location:
Ventura County
Last Year's Annual Gross:
$594,221
Lease Information:
Dec 31, 2019 + 2 5yr options
Total Monthly Rent:
$5,819.00
Liquor License:
41 Beer and Wine
# of Parking Spots:
Plenty
# of Full-Time Employees:
2
# of Part-Time Employees:
10
# of Working Owners:
1
Hours Open:
Monday - Thursday 11:00AM - 8:45PM
Fri & Sat 11:30AM - 9PM
Sunday 4:30PM - 8:45PM
Year Established:
1979
Inside Sq. Ft.:
2400
Outside Sq. Ft.:
30
Hood System Type 1:
Yes
Email:
Pass:

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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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