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Popular Ventura County Cafe With Abc License
Location: United States -> California -> Southern California - All Southern California -> Ventura County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Popular Ventura County Cafe with ABC License

RRC#: 3214
Asking Price: Offered At $420,000
Location: Ventura County
Annual Revenue: $1,000,000
Annual Cash Flow: $146,400
Monthly Rent: $5,999

Listing Description:
The location of a popular cafe for over four decades, this recently remodeled beach-adjacent restaurant/cafe, which possesses a full ABC license, is consistently profitable and attracts a loyal following. An outdoor patio allows diners to enjoy dining in the California sunshine. Close to some of Ventura County's most popular beaches. Menu includes breakfast, lunch, desserts and a popular weekend Happy Hour featuring a full bar with specialty cocktails as well as favorite brands. Additional income from private catered events. New owner can expand this already profitable business further with a full dinner menu as well as expanded hours. Hundreds of four & five star Yelp reviews confirm the establishment's popularity. Plenty of public parking. Attractive long-term lease terms.

General Information:
Organization: Corporation
Established: 1958
Current Owner: 2016
Employees: 5 FT, 11 PT
Reason For Sale: Contact For Info

Financial Information:
Monthly Revenue: $81,200
Monthly Cash Flow: $12,200
Annual Revenue: $1,000,000
Annual Cash Flow: $146,400
Payroll: $31,500
Monthly Revenue: $81,200
Monthly Cash Flow: $12,200


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,000,000
Cash Flow:   $146,400
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2015
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased




Print Listing Id: 700329958
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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