BBQ Asian Restaurant, Busy Simi Valley Location

Simi Valley, CA
Ventura County


Asking Price: Annual Revenue:
$79,000 $603,650

Food & Beverage: Restaurants, Fast Food, Deli


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RE: BBQ Asian Restaurant, Busy Simi Valley Location Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $79,000
Annual Revenue: $603,650
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 18711533
Broker Reference #: 4503

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Business Overview:

BBQ Asian Restaurant, Busy Simi Valley Location

RRC# 4503
Location: Simi Valley

Description:
Established in 2013, this beloved spacious 4,000 square foot restaurant, located in family-friendly Simi Valley, serves delicious food to a loyal customer base. Revenue is optimized by serving their famous shredded chicken, house special lamb, pork, seafood, noodle, soup and other dishes. Catering and take-out helps drive revenue. Nearly 300 hundred Yelp reviewers who gave this eatery top-notch reviews know what satisfies their appetite. This site would make an excellent ghost kitchen or commercial kitchen as well. Includes beer/wine license. Plenty of public parking, easy access to a major freeway. Attractive lease terms with options to renew. Equipment includes hood, 3-door reach-in freezer, walk-in refrigerator, ice maker, rice cooker, POS system and much more.

Financial Information:
Monthly Revenue: $50,350
Monthly Cash Flow: Contact for Info
Annual Revenue: $603,650
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info

General Info:
Ownership: Sole Proprietorship
Established: 2013
Current Owner: 2013
Employees: Contact for Info
Reason For Sale: Retirement
Monthly Rent: $9,700 + CAM
Expiration: 2028 plus 5 year options

Facilities:
Square Feet: 4,100
Seating: 80
Parking: Public lot
Licenses: ABC, Health permit
Days/Hours of Operation: Sunday - Thursday 11 a.m.-9 p.m.; Saturday / Sunday 11 a.m.-9:30 p.m

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Property Features and Assets:

Square Feet: 4,100; Seating: 80; Parking: Public lot.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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