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#6087
Ventura Restaurants For Sale

Restaurant in Busy Shopping Center in Thousand Oaks for Sale

$150,000
Sold
Restaurant in Busy Shopping Center in Thousand Oaks for Sale
This Listing is Sold

This Mediterranean Restaurant has great review Yelp reviews averaging 4.5 stars.

The restaurant sits on an end cap in a busy shopping Center of the Conejo Valley.

Very convent location just off the 101 freeway and has both Residential Homes and Industrial Businesses close by.

There is 1825 sq ft inside and they have permitted seating outside as well. 

The Kitchen is well equipped with a 4 burner stove with oven, 2 Basket Deep Fryer, 2 Auto Doner Vertical Broilers and a rotating Broiler for Brochettes. 

The prep area and food line have plenty of refrigeration as well as a Walk-In Cooler and Freezer.

YES there Is a Grease Trap and a nice size hood.

There are 2 Bathrooms so a Buyer could elect to add an ABC license as a way to attract more guests.

Menu Panels are digital making it easy to add and remove items and adjust pricing as needed.

They have a 8 camera recording system.

With a total rent of $6,563.82 of which $5,614.82 is rent and $949.00 being the NNN charges.

The lease runs through May 31, 2014 with a 5 year option for approved Buyer.

Buyer can come in and keep the restaurant with current name, menu and recipes or bring your own concept (that will need Landlord approval)

The business is closed on Sunday, giving a buyer the ability to add another day to the operation to increase sales.

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Ventura Restaurants For Sale
Lease Term:
May 31, 2024 + 5 yr option
Total Monthly Rent:
$6,564
Security Deposit:
$5,293

Financials

Last Year's Annual Gross:
$270,073
Last Year's Food Cost %:
34
Last Year's Payroll Cost %:
27
Last Year's Rent %:
18

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
2
# of Working Owners:
1
Hours Open:
11:00AM - 8:00PM Monday - Saturday
Closed Sunday
Year Established:
2019
Hood System Type 1:
Yes

Facilities

Indoor Seating:
36
Outdoor Seating:
12
# of Parking Spots:
lots
Inside Sq. Ft.:
1,825
Outside Sq. Ft.:
400

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 3-mi. 5-mi
2014 Total Population 45,315 80,308
Households 3-mi. 5-mi
2010 Number Of Households 15,076 28,066
2010 Persons Per Household 2.93 2.77
Median House Value $576,600 $532,168
Income Per Household $104,665 $99,899
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,167 2,091
2012 Number Of Employees 0 29,790
2012 Total Annual Payroll $0 $896,297,000

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, 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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