Restaurant With Beer & Wine
Location California,United States
Asking Price Range < $250K
Gross Revenues $21600
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 4 - 5
Inventory 25000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 2 weeks at 20 hours/week.
Reason for Sale Personal.
Description This Camarillo restaurant with beer and wine offers a restaurateur an excellent opportunity to open the restaurant theyyƒ?ve dreamed of or build off of the existing concept that has served loyal patrons since 2005. The restaurant includes a full kitchen, walk-in cooler and plenty of prep and storage area ideal for catering. Loyal customers have longed claimed this a ƒ?hidden gemmƒ? as the food, service and experience exceeds expectations while at the same time maintaining affordable prices.
Asking Price $99,000.
This 1,800 square foot facility leases for a $3,071 per month including common area maintenance expense. The lease expires in 2013 providing a new owner an opportunity to negotiate a new long term lease with the landlord. The sale includes all of the furniture, fixtures and equipment present at the location, including the stove, oven, refrigerators as well as the beer and wine license, name, menu and recipes. Inventory of approximately $5,000 at cost will also be included with the sale.
Competition is medium as other restaurants exist in the area however this business has successfully developed a loyal following of customers drawn to its superb food quality and exceptional service.
Growth opportunities exist for the full time working owner who seeks to operate the business on a full-time basis and build off of the successful concept developed by the existing owners.
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