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#5417
Thousand Oaks - Camarillo - Ventura

Mediterranean Oak Park Restaurant Facility or Convert to Your Concept

$75,000
Available
Mediterranean Oak Park Restaurant Facility or Convert to Your Concept
This Listing is Expired

Go Visit This Restaurant By Visiting SellingRestaurants Listing 5417. Then Select "Sign NDA" and Go on Your Own time!

THE KITCHEN: Located in Oak Park, the East Ventura County area, this restaurant facility has a fully loaded kitchen with a 20+' hood system with a Char-Grill, Flat Iron Grill, 6 burner stove, pita/tortilla baker oven, two ovens and a dual tray deep fryer as well as a prep table. The prep area contains a walk-in cooler and a walk-in freezer with a variety of equipment to help make items such as humus, dough, slice meats, etc. 

THE FACILITY: There are just over 2,000 Sq. Ft. and the total all-in rent is just over $6,000 a month, making this one of the lowest rents in the area at all-in $3 Sq. Ft.  The dining area seats 50 while the patio can seat as many as 20. There won't be a shortage of parking in this center as there is plenty surrounding the restaurant with little competition for parking spaces. 

UPSIDE: Add beer and wine to the menu and attract evening business. For religious reasons the current owner didn't obtain this license. The center doesn't have Mexican, Burgers, Wraps, Rotisserie Chicken, Japanese, Sushi, and many other concepts that are needed in the area. 

TRAINING: The owner is willing to train you for the current concept or you can change the concept and menu as long as the landlord approves it. 

NO FINANCIALS PROVIDED: At this price, no financials will be provided. This is an asset sale.  The Owner is willing to provide utility costs to help the buyer plan.

EQUIPMENT: Owner is keeping some of the equipment, but the majority of it is staying. Ask Broker for list. 

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Thousand Oaks - Camarillo - Ventura
Lease Term:
2 Years remain + 5 Year Option + Landlord Will Give 1 More Option.
Total Monthly Rent:
$6,030

Operations

Liquor License:
none
# of Full-Time Employees:
5
# of Part-Time Employees:
3
# of Family Employees:
3
Hours Open:
11-9:00pm Daily
Year Established:
2016
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
Outdoor Seating:
20
# of Parking Spots:
hundreds
Inside Sq. Ft.:
2017
Outside Sq. Ft.:
200

Highlights

  • High Income Area of Oak Park
  • Add Beer and Wine To Grow Business
  • Perfect For New Concepts
  • Currently Mediterranean
  • Great Mexican Restaurant Location
  • Nearly New Condition
  • End Cap Unit
  • 3 Family Members Working at Business
  • Great Yelp Reviews

Financing

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

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, 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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