PRICE REDUCED as owner has to return to China to care for parents. Business has been increasing even in this economy.
Owner willing to offer up to 33% Owner Financing to approved buyer.
This fast growing Restaurant which is quickly becoming a favorite to the local residence and business people alike. This 4,800 Sq. Ft. restaurant in eastern Ventura County is in a great area with plenty of population with very favorable demographics. The owner claims they're doing great volume and you must see this restaurant to appreciate the value.
Cooking the freshest of ingredients right before your eyes on the super hot Mongolian BBQ Grill. The restaurant has a beer and wine license but is set up that new owner could add a full bar with little cost.
For more details on this go to the orange button below to sign the confidential agreement. Once you agree to the terms in agreement you will have access to pictures and the address so you can visit and see for yourself just what a great find this is.
This is a Stone Path Brokerage Services Inc listing.
Restaurant Broker Stuart Schlosser DRE License #01809021
Lease
Region:
Ventura Restaurants For Sale
Lease Term:
expires +5 year option
Total Monthly Rent:
$9,696
Operations
# of Full-Time Employees:
4
# of Part-Time Employees:
1
Hours Open:
11 AM - 9 PM Sunday - Thursday
11 AM - 9:30 Fri & Sat
Highlights
- MONGOLIAN BBQ in Ventura County
- 150 Seat Restaurant great for Family Dining, Business Lunches and Banquets
- Guest selects the Meats,Vegetables and Sauce they want and the master BBQ Chef prepares the Freshest of meals right before your eyes.
- Restaurant bearly 1 year old and has a steady growth month after month(even in this economy)
- All the major equipment is new.
- Restaurant still has alot of room for growth as present owner has not advertised much in the area.
- Huge Street sign gives this location the visability needed to attract those driving by on this busy street.
- Restaurant has a beer and wine license but bar area was built for full liqour service.
- Owner looking to relocate has made this opportunity come to market.
Financing
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
33%
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
54,798 |
54,798 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
18,650 |
18,662 |
2010 Persons Per Household |
2.90 |
2.90 |
Median House Value |
$423,400 |
$423,128 |
Income Per Household |
$84,216 |
$84,162 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,086 |
1,089 |
2012 Number Of Employees |
23,478 |
23,494 |
2012 Total Annual Payroll |
$474,595,000 |
$474,744,000 |
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.