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

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.

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

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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