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#5000
Ventura Restaurants For Sale

AAA Location Italian Restaurant For Sale with Beer/Wine

$149,999
AAA Location Italian Restaurant For Sale with Beer/Wine
This Listing is Expired

GET THE NAME AND ADDRESS BY SELECTING THE BUTTON TO THE LEFT "Want Name/Address"

HOTTEST LOCATION IN DOWNTOWN VENTURA

This Restaurant offers a fully permitted patio in the highest street trafficked area on Main Street, a major Eye Catcher. With an Open Kitchen Design, and a recently remodeled Beer and Wine Bar right up front looking out over the Patio area its become a place to grab a drink, snack and watch the passerby. This can easily be converted into any number of restaurant concepts for a buyer that wants a Truly Great Location but is not looking to continue with the current concept .

Currently it is home to an ITALIAN RESTAURANT where owners take such pride in the food, service and the guests experience like none other. The Yelp reviews are off the chart. Serving the Homemade Sicilian style Pizzas, Pastas with the freshest of ingredients and the Classics like Chicken Parmigiana, Chicken Scallopini Marsala and of course the Homemade Lasagna. Then those decadent desserts like fresh Cannoli, Tiramisu and other favorites. Then don't forget the wine, a fine selection is available as well as some great beer choices. Finished off with a real Italian style Cappuccino... I made myself hungry!!

The owners have been in the restaurant business for 40+ years. Being in a great position in not needing to make that big income any longer they have elected to open for dinner only and Only 4 hours per day, 6 days a week. Though this is a GREAT location for weekend Brunches and Lunches would also do well. Sales are in the $30K+ range with the limited operating hours of only 24+ hours per week open (Sales will need to be verified by buyer as Selling Restaurants has not validated these numbers)

The restaurant sits right at streets edge and with the Patio out front and the colorful umbrellas you catch the eye of everyone on the street. A new owner looking to just blow it out of the water by adding these day parts and see business soar. This would make a nice family run business as currently the husband is the Chef and the wife works the front of house, seating and mingling with guests as well as waitressing when needed. The Restaurant is 1366 Square Feet with 40 seats inside and another 15 on the patio. Friday, Saturdays and Sundays its not odd to find people waiting to get a seat as they have found the food here being worth the wait.

The Ventura Area has been dubbed the New Santa Barbara, bringing tourist in from around the area and world as well. Summers are especially busy times and marketing to these visitors could add to the current business.

Foot traffic is heavy and you can't ask for a better location. With a Movie Theater with 10 THEATERS  just steps away and many other businesses as well as the City Offices just a block away as well as the beach is within 3 - 4 blocks you've got it all.

The restaurant has a very warm home feel to it. It has a real Italian ambiance with the old posters, pictures and nice wooden tables. The Kitchen has a Pizza Oven, 10 burner stove, gas grill, dough mixer, walkin cooler and freezer and much more.

ANY REASONABLE OFFER WILL BE CONSIDERED for well qualified buyer.

This is a place you will want to visit and see if it is not just the right restaurant for you. Just click on the "Sign NDA" tab and view the pictures then come by and check out the location and area.

This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Ventura Restaurants For Sale
Lease Term:
April 30, 2014 + 5 yr Option
Total Monthly Rent:
$4,300
Security Deposit:
$4,098

Operations

Liquor License:
41
# of Part-Time Employees:
4
# of Working Owners:
2
Hours Open:
Thurs - Tues 5:0PM - 9:00PM
Closed Wednesdays
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
15
# of Parking Spots:
street parking
Inside Sq. Ft.:
1,366
Outside Sq. Ft.:
40

Highlights

  • High Traffic FOOT Traffic
  • Busy Street Location
  • PATIO Dining
  • Beer and Wine License
  • 4.5 STAR YELP Reviews
  • Lots of Growth Potential
  • Near Movie Theater
  • BEACH only Blocks away
  • Nice Family Business

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 33,470
Households 5-mi
2010 Number Of Households 12,933
2010 Persons Per Household 2.52
Median House Value $414,100
Income Per Household $52,407
Businesses 5-mi
2009 Number Of Businesses 1,046
2012 Number Of Employees 18,782
2012 Total Annual Payroll $367,593,000

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.

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