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#4999
Area: Ventura County

Thriving Sports Bar and Restaurant with FULL LIQUOR & Patio & Low Rent

$380,000  
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Thriving Sports Bar and Restaurant with FULL LIQUOR & Patio & Low Rent
This Selling Restaurants Listing is Expired
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GO VISIT THE RESTAURANT BY SELECTING THE BUTTON TO THE LEFT "SIGN NDA."

This Sports Bar/ Restaurant has been Established for 19+ years in the Beautiful Conejo Valley and has been a viable business for 2 decades. The Current owner reinvented the business and as a result increased sales by almost 100% with the bottom-line following suit. 

The restaurant/bar has a full 47 Liquor license and a new patio area helping to secure these sales increases. The menu was re-engineered and includes historical favorites along with new and exciting items.

This is a sports team haven, with many of the local sport teams call this "Their Place."  With the addition of great TV's, this has become the place to be with big sporting events include UFC and boxing. In fact, the house gets so packed during the events, the customer pack the patio even during the rain!

This location is a quick exit off the 101, drawing all sorts of crowds. The business is situated in a free standing building in a small shopping center with plenty of parking to accommodate those crowds. 

The center is well maintained by the landlord with VERY LOW RENT @ $1.66 per foot INCLUDING CAM Charges for a monthly total of $5,198 for 3,125 Sq Ft Building inside (does not include patio). The Current owner has invested in a remodel and has added many more TV's through out the business making it easy for guests to enjoy games. 

And he's also grown the beer selection to keep up with the craft beer craze with 18 beers on tap plus there is a full liquor license. 

Since the recent remodel the restaurant has average monthly sales of $81,000+ with a profit margin in the 15% to 20% range.  These numbers must be validated by Buyer during the due diligence as the business was re-launched a bit less than a year ago. 

The commute for the owner is wearing him out.

The Owner believes in the business and will carry u to $180,000 with good credit and experience along with solid real estate security.  

So don't let this opportunity slip by, just click the "Sign NDA" Tab and get started, this just could be that business you have been waiting for.

This is a a Paramount Restaurant Brokers, Inc. listing.
Agent Stuart Schlosser DRE License #01948125
Listing Status:
Available
Price:
$380,000
Down Payment:
$
Location:
Ventura County
Last Year's Annual Gross:
$950,000
Lease Information:
June 30 2019 + 5 yr option
Total Monthly Rent:
$5,198.00
Liquor License:
47
Indoor Seating:
150
Outdoor Seating:
20
# of Parking Spots:
Plenty
# of Full-Time Employees:
3
# of Part-Time Employees:
11
# of Family Employees:
1
# of Working Owners:
1
Hours Open:
Sun - Thurs 11:00AM- 11:00PM
Fri & Sat 11:00AM- 12:00PM
Year Established:
2016
Inside Sq. Ft.:
3125
Outside Sq. Ft.:
200
Hood System Type 1:
Yes

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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