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Chinese Restaurant - Years Of Profitability
Location: United States -> California -> Southern California - All Southern California -> Ventura County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Chinese Restaurant – 15 Years Of Profitability

RRC#: 2953
Asking Price: $179,000
Location: Ventura, Ventura County, California
Yearly Revenue: $636,000
Yearly Cash Flow: $175,200
Monthly Rent: $3,600

LISTING DESCRIPTION:
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.

GENERAL INFORMATION:
Organization: Sole Proprietorship | Year Established: 2003 | Current Owner: 2003 | Employees: 4FT 5PT | Seating: 36 | Square Footage: 1600 | Parking: Public lot | Licenses Required: Health permit, business license | Days Open/Hours: Mon - Sun 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 |


Financials

Asking Price Range:  < $250K
Gross Revenues:   $636,000
Cash Flow:   $175,200
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2003
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700314234
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