Business For Sale

Thousand Oaks Quick Service with Liquor & Patio

Thousand Oaks, CA
Ventura County


Asking Price: Annual Revenue:
$100,000 $850,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Thousand Oaks Quick Service with Liquor & Patio Broker: Ryan Clark

Quick Facts

Asking Price: $100,000
Annual Revenue: $850,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 99194929
Broker Reference #: ToBurg

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Business Overview:

This Thousand Oaks quick service restaurant with liquor boasts one of the most attractive high profile locations in the area, with a coveted scenic outdoor patio. The venue, which could be adapted to any number of concepts, has a clean build-out that includes a fixed bar. A premise like with one, with a conditional use permit for liquor, would take several hundred thousand dollars to build-out; a new operator can walk-into this one at a fraction of that.

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Property Features and Assets:

The prominent 3,700 square foot location, with a 500 square foot outdoor patio, leases for $21,238 per month on a secure lese until 1/31/2023 and one 5 year option to renew. While the businesses branding and attached goodwill is not included in the sale, its furniture, fixture, equipment and Type 47 Liquor License are included in the sale.

Market Competition and Expansion:

While competition exists, part of the location’s ambiance is its unique location and attractive patio. It would be difficult for another food service operation to match these intangible attributes, let alone the build-out and license entitlements. New operators, who have sufficient $5 ml net worth to satisfy the lease requirements, may take this opportunity in any number of directions given the flexible build-out and the versatile location. The venue could thrive with any number of landlord approved concepts that don’t compete with others in the same complex.

Reason for Selling:

Personal

Additional Details:

  • The property is leased.
  • 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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