Business For Sale

Chinese Restaurant – 15 Years Of Profitability

Ventura, CA
Ventura County


Asking Price: Annual Revenue:
$179,000 $636,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Chinese Restaurant – 15 Years Of Profitability Broker: Steve Zimmerman

Quick Facts

Asking Price: $179,000
Annual Revenue: $636,000
Net Profit: Not Disclosed
Cash Flow: $175,200
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 748411533
Broker Reference #: 2953

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Business Overview:

This popular Asian food restaurant in Ventura has been family owned snd operated since 2003. With a loyal customer base and great lease terms, this restaurant specializes in quality Chinese dishes using fresh ingredients. Located on a major traffic thoroughfare, in a busy shopping center with brand- name anchor stores, this establishment is making money seven days a week. Equipment includes 24 foot hood, walk-in cooler, walk-in freezer, rice cookers, oven, BBQ system and much more. RRC#: 2953

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 2003 | Current Owner: 2003 | Employees: 4 Full Time 5 Part Time | Seating: 36 | Square Footage: 1,600 | Parking: Public lot | Licenses Required: Health permit, business license | Days Open/Hours: Monday - Sunday 10 a.m. - 9:30 p.m. | Reason For Sale: Retirement.

FINANCIAL INFORMATION:
Yearly Revenues: $636,000 | Yearly Cash Flow: $175,200.

LEASE INFORMATION:
Monthly Rent: $3,600 | Lease Expiration: 2018 | Lease Option: 5 year options.

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Additional Details:

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

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