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#4265
Ventura Restaurants For Sale

Cafe with Beer and Wine License

$58,000
Cafe with Beer and Wine License
This Listing is Expired

Established in 2006 this cafe has made its reputation on high quality and tasty dishes. From bakery items prepared fresh daily to the ingredients used in the entree items and Daily Fresh Soups. With over 125 Yelp reviews and a 4+ star average you can see this place is loved by their guests.

Located in one of Oxnard's Historic Buildings that gives it a nostalgic feel for the past. With approximately 2450 sq ft there is plenty of room to entertain groups as well as the daily dinners. Surrounded by City Offices, Movie Theater, Businesses and Residence there is a variety of places to draw business from. Current venue is serving Breakfast and Lunch 6 days a week. New owner could extend hours into the evening and open on Sundays with a nice brunch menu to capture more business.

Buyer can also expand on the beer and wine side of the business and promote some Paring Dinners with local wineries and local craft beer brewers.

The one hurdle this place has is there is No Hood, but with the oven, Panini toaster, soup kettles and other cooking devises that do not require a hood, they have mastered a menu that satisfies guests time and again. New owner could add a hood and some cooking equipment and take this place to a new level as current owner has had architectural plans done as to how a hood and cooking equipment could be added to the restaurant.

The restaurant has offered catering for business lunches, parties and many other occasions. Offering Tea Service for kids to adults this has been a great place for girls of all ages to celebrate birthdays, wedding showers and such enjoying the special menu items catering to the most discerning palate.

So here you can come and build upon what the owner of this unique restaurant has done OR bring in your own concept. You have a location in a heavy traffic area, fully furnished and waiting for the next operator to jump in and build a great business and add to the areas fine dinning experiences.

The business has been priced as an asset sale even though current sales for this year have been growing, the past few years have been challenging with the economic situation what it was has had the business operating at a break even. Buyer will be given a new lease from landlord upon meeting the requirements needed. Current rent can be used as a guide but we will need to submit the application, resume, financial information and a business plan to landlord for consideration.

To get the name, address and see pictures just go to the "Sign NDA" tab below and see if this place is not just what you have been looking for.

Please go to SellingRestaurants.com to get more info. including name and address. 

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 Lease will be given
Total Monthly Rent:
$2,500
Security Deposit:
$3,000

Financials

Last Year's Annual Gross:
$289,542
Last Year's Owner's Cash Flow:
$22,000
Last Year's Food Cost %:
101733
Last Year's Payroll Cost %:
95006
Last Year's Rent %:
11.5

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
4
# of Working Owners:
1
Hours Open:
Mon - Fri 7:30AM - 2:30PM
Sat 9:00AM - 4:00PM
Sunday Closed
Year Established:
2006

Facilities

Indoor Seating:
50
# of Parking Spots:
city/ parking structure
Inside Sq. Ft.:
2,450

Highlights

  • Established 2006
  • Beer and Wine license
  • New Lease
  • Many government offices, professionals and other businesses in area
  • Near Movie Theater
  • Amtrac Station just down street
  • City Park around corner that hosts many events through out the year
  • Existing plans on adding a hood and cooking equipment avaliable to Buyer

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 58,753 105,098 190,507
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 14,903 26,557 54,565
2010 Persons Per Household 3.94 3.78 3.29
Median House Value $342,600 $349,007 $362,241
Income Per Household $55,271 $59,730 $65,175
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,551 2,253 3,114
2012 Number Of Employees 51,938 73,802 86,194
2012 Total Annual Payroll $1,056,738,000 $1,471,876,000 $1,680,766,000

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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