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Chinese Restaurant – 15 Years Of Profitability

California : Restaurants
Listing #2953

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 |

Asking Price:

$179,000

Gross Income:

$636,000

(last 12 months)
Cash Flow:

$175,200

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

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 |


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