#583
Ventura Restaurants For Sale

Full Service Restaurant with GREAT Thousand Oaks LOCATION!

$189,000

Fully Equipped Casual Dining Restaurant with Beer & Wine License: If you�ve been searching for good restaurant locations for your new concept or franchise expansion, here is a great opportunity. This asset sale is made available by the current franchise operator who is shifting his focus to his other restaurant. This restaurant was opened in late July 2006, fully loaded with brand new equipment that cost $192,000. Construction cost was $295,000. Once your concept is defined, or franchise acquired, you�ll be up and running months ahead of leasing a vanilla shell and building anew. This location will serve the affluent communities of Thousand Oaks, Newbury Park, Moorpark, Westlake Village, and others nearby. With high traffic count on extremely busy thoroughfare, the strip center is located on a busy commercial strip surrounded by residential as well as commercial offices, major retail centers, and restaurants. This 2570 sq.ft restaurant seats 82 inside and another 30 in a large patio and is prominently visible from a major street that runs through the city. Huge upside potential exists in all day-parts of the business, including the untapped catering and delivery business. The business has been run with an owner inexperienced in Chinese quick serve and is in need of a new operator to grow the business and mind the costs. Key employees are in place and could be there to help jumpstart your new business. Franchise is not included in the sale. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.

Agent Puffin So DRE License #01730371

Lease

Region:

Ventura Restaurants For Sale

Lease Term:

2 years remaining + 2 five year options

Total Monthly Rent:

$11,183

Operations

Liquor License:

# of Full-Time Employees:

# of Part-Time Employees:

Hours Open:

Sunday to Thursday
11am to 9pm
Friday and Saturday
11am to 10pm

Year Established:

June 2006

Hood System Type 1:

Yes

Facilities

Indoor Seating:

Outdoor Seating:

# of Parking Spots:

Inside Sq. Ft.:

2,570

Outside Sq. Ft.:

160

Highlights

Fully Equipped Casual Dining Restaurant with Beer & Wine License
Fully Loaded with Brand New Equipment that cost $192,000; Construction cost was $295,000
Beautiful dining area with upscale pristine decor seat 82, large patio seat 30
Whole store built anew, all equipment still under warranty
Equipment, walk-in, storage, hood - all built to handle extremely high volume
Located in a commercial strip center surrounded by residential, commercial offices, major retail centers, and restaurants
Prominently visible from a major street that runs through the city
Huge upside potential in all day-parts of the business, including untapped catering and delivery
Convert it to any concept except Coffee Shop and Mexican
Has 41 beer and wine license

Financing

Will SBA Finance:

Will Seller Lend To Buyer:

Demographics

Population	3-mi.	5-mi
2014 Total Population	41,107	98,772
Households	3-mi.	5-mi
2010 Number Of Households	14,823	36,760
2010 Persons Per Household	2.76	2.64
Median House Value	$556,000	$630,502
Income Per Household	$93,042	$99,195
Businesses	3-mi.	5-mi
2009 Number Of Businesses	1,386	4,625
2012 Number Of Employees	37,462	109,302
2012 Total Annual Payroll	$756,677,000	$3,118,818,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, 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 addition to seeking professional advice from an attorney as well as a CPA. 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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

Other Listings in the Area

#6496

Popular Restaurant in Ventura County - Facility Only

Lease:
Expires 5/30/2027 + Options

Monthly Rent:
$14,517

Annual Revenues:
$2,800,000

Square Feet:
5,000

Available
$299,000
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