Business For Sale

Chinese Restaurant With Abc

Not Disclosed, CA
Ventura County


Asking Price: Annual Revenue:
$139,000 $432,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Chinese Restaurant With Abc Broker: Steve Zimmerman

Quick Facts

Asking Price: $139,000
Annual Revenue: $432,000
Net Profit: Not Disclosed
Cash Flow: $88,920
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 302211533
Broker Reference #: 2996

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Business Overview:

Chinese Restaurant With Abc In Busy Shopping Center

RRC#: 2996
Asking Price: $139,000
Location: Ventura County, Ventura County, California
Yearly Revenue: $432,000
Yearly Cash Flow: $88,920
Monthly Rent: $10,000

LISTING DESCRIPTION:
This popular Asian food restaurant in Ventura has been family owned snd operated since 2014. 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 with 3,200+ square feet is making money seven days a week. Dine-in as well as a healthy take-out business. Spacious banquet room for special events. ABC license type 47. Equipment includes 24 foot hood, walk-in cooler, walk-in freezer, rice cookers, oven, BBQ system and much more.

GENERAL INFORMATION:
Organization: Partnership | Year Established: 2014 | Current Owner: 2014 | Employees: 4 PT, 2 FT (owners) | Seating: 122 | Square Footage: 3,280 | Parking: Public lot | Licenses Required: Health department | Days Open/Hours: Mon - Thurs 11 a.m. - 9 p.m., Sat 11:30 a.m. - 9:30P, Sun 12P - 9P | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $432,000 | Yearly Cash Flow: $88,920 |

LEASE INFORMATION:
Monthly Rent: $10,000 | Lease Expiration: 2022 | Lease Option: Yes |

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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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