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Available: Restaurant, Bar - Ventura

Are you looking for a turn-key restaurant and bar with growing sales, that is profitable and is SBA loan approved? Then look no further and give us a call! This is one of those listings we see once every few years and if you hesitate, you'll lose it.

Current Status: Off The Market
Posting #: 180142

CONTACT IS A
Intermediary

BUSINESS LOCATION
Ventura

AREA(S) AVAILABLE
Central Coast Area

COUNTIES AVAILABLE
Ventura

ADDRESS / CITY / ZIP
Ventura




FINANCIAL INFORMATION
Asking Price:
  $925,000

Down Payment:
  $925,000

Annual Revenue:
  $1,700,000

Annual Adjusted Net:
  $416,000



DETAILS
-
Training And Support



RESTAURANT, BAR IN VENTURA FOR SALE DETAILS
Are you looking for a turn-key restaurant and bar with growing sales, that is profitable and is SBA loan approved? Then look no further and give us a call! This is one of those listings we see once every few years and if you hesitate, you'll lose it.

SellingRestaurants is proud to present this rare sale of a very popular and extremely profitable restaurant and bar in the Ventura County area. This is an extremely confidential sale and only qualified individuals will be given more details.

This business has shown consistent growth each month since it opened with latest year-to-date revenues (sales) through April 2012 up about 8% over the same period in 2011, despite the continued sluggish economy. This is a reflection of the great food, service and management of this business.

Revenues in 2011 were close to $1.8 million and are on track to be close to $1.9 million this year. The rent factor is in the 6% range, making this a great lease and buy! Based on the first few months of 2012, the profit is expected to be about $370,000.

This is the perfect SBA loan opportunity for a qualified buyer with as little as $92,500 + closing costs as the down payment. The business has about 14 years left on the lease. There are nearly 3 years of operating results with great profitability to more than substantiate the great price of 2.2 times 2012 expected owner's cash flow and 2.8 times 2011 actual owner's cash flow.

This Business For Sale Can Be Viewed On The Following BizBen Pages Below
(Click On Any Link Below To View The Latest Results).




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