Restaurants For Sale in Ventura California

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Established Restaurant And Sports Bar With Full Liquor

Location:Ventura, California

Category:Restaurant

Asking Price:$329,000

  • Sales revenue : $1,502,223
  • Net profit : $137,966
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Established Restaurant And Sports Bar With Full Liquor

Business description

This is a landmark restaurant that has served the local community for 13 years. It has kept its edge and look thought out the years, with the owner reinvesting in the business with remodels and upgrades. There has been no hold back in the build out and design of the restaurant and I'm sure you'll agree it is beautiful.

The Kitchen is designed to do $2++ Mill in sales without any problems and even more if you have a smart menu. Kitchen has all the equipment you could want, a separate cooking area and hood for preparation. Two walk in coolers, one for kitchen and another for beer kegs and bar use. There is also a walk in freezer and a number if reach in coolers. There is also plenty of room and equipment if an owner wanted to do off site catered events this kitchen could handle the additional preparations.

The bar is set up just as well to serve the guests their favorite cocktail as well as having a great selection of bottled beers and 4 beers on Tap. With 9 TV's in the Bar and another 6 in Dinning Area patrons can watch a variety of Sports Games.

Currently they have live bands, regularly bringing in locals looking to enjoy some good music and dancing. This has proven to be a good addition to the regular restaurant business.

Between the Bar and Dinning Room there are seats for 120 and a Outdoor Patio accommodating 46 guests.The decor is very inviting and comfortable.

Sales have been ranging at about $120K per month with yearly Gross looking to come in at about $1.6M.

A new lease will need to be negotiated with landlord who is very eager to see this restaurant continue to operate in the center as it has a great reputation and has added to a great mix of tenants.

Other Information

  • Real Estate: Inside Sq. Ft.: 4741 Hood System Type 1: Yes Hood System Type 2: Yes
  • Years Established: 2003
  • Employees: 35
  • Trading Hours: Mon - Thurs 7am - 9PM Fri 7AM - 12AM Sat 7AM - 10PM Sun 7AM - 8PM
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