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#5144
Ventura Restaurants For Sale

Money Maker Bar & Restaurant W/Hard Liquor + Long History - SBA Loan

$400,000
Money Maker Bar & Restaurant W/Hard Liquor + Long History - SBA Loan
This Listing is Expired

Go See This Business By Selecting the Link to Left "Sign NDA."

Well Established Profitable Restaurant and Bar.

Located in Highly Sought after Area of Ventura.

20 Years Strong with a Proven Concept and History.

Located in Heavy Foot Traffic Area.

Open Air/Patio Dinning Area as well as inside seating.

Full Liquor Bar with 40 Beers on Tap.

Family Friendly Menu with a Great Selection of items and some Unique Twists to traditional menu offerings.

Sales in Excess of $1.2M with 2017 Annualized Adjusted Net of About $147,000. 

Possible SBA Loan with 25% or more down. 

Owners are only there in an Administrative capacity, Promotions, Vendor Relations, Bookkeeping ETC.

GM on site running Daily Operations. Buyer can take on these duties and add $$ to bottom Line.

THIS IS A PRIVATE LISTING, AFTER SIGNING THE NDA PLEASE CONTACT AGENT TO GET FURTHER INFORMATION. Buyers must be qualified prior to receiving name and location. 

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

Lease

Region:
Ventura Restaurants For Sale
Lease Term:
New Long Term Lease
Total Monthly Rent:
$9,720
Security Deposit:
$10,000

Financials

Last Year's Annual Gross:
$1,223,119
Last Year's Owner's Cash Flow:
$147,233
Last Year's Food Cost %:
33.7
Last Year's Payroll Cost %:
36.4
Last Year's Rent %:
6.7

Operations

Liquor License:
47
# of Full-Time Employees:
2
# of Part-Time Employees:
30
Hours Open:
Mon - Thurs 4PM - 12 PM
Sat and Sun 11:30AM - 1 AM
Year Established:
1997
Hood System Type 1:
Yes

Facilities

Indoor Seating:
197
# of Parking Spots:
0 street and structures near
Inside Sq. Ft.:
3,600

Highlights

  • PROFITABLE RESTAURANT and BAR
  • Full Liquor 47 License
  • Great Location
  • Outdoor Open Dinning and Inside Tables as well
  • High Foot Traffic Area
  • Long Lease being offered

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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