Established Restaurant and Sports Bar with Full Liquor

Camarillo, CA (Ventura County)

Established Restaurant and Sports Bar with Full Liquor

Asking Price:$329,000

Cash Flow:$137,966

Gross Revenue:$1,502,223

EBITDA:N/A

FF&E:N/A

Inventory:$25,000*

Established:2003

*not included in asking price.

Established Restaurant and Sports Bar with Full Liquor

Get Financing Save Print Share Valuation Report

Business Description

This is a landmark restaurant that has served the local community for 13 years. It has kept its edge and look thought out the years, with the owner reinvesting in the business with remodels and upgrades. There has been no hold back in the build out and design of the restaurant and I'm sure you'll agree it is beautiful.

The Kitchen is designed to do $2++ Mill in sales without any problems and even more if you have a smart menu. Kitchen has all the equipment you could want, a separate cooking area and hood for preparation. Two walk in coolers, one for kitchen and another for beer kegs and bar use. There is also a walk in freezer and a number if reach in coolers. There is also plenty of room and equipment if an owner wanted to do off site catered events this kitchen could handle the additional preparations.

The bar is set up just as well to serve the guests their favorite cocktail as well as having a great selection of bottled beers and 4 beers on Tap. With 9 TV's in the Bar and another 6 in Dinning Area patrons can watch a variety of Sports Games.

Currently they have live bands, regularly bringing in locals looking to enjoy some good music and dancing. This has proven to be a good addition to the regular restaurant business.

Between the Bar and Dinning Room there are seats for 120 and a Outdoor Patio accommodating 46 guests.The decor is very inviting and comfortable.

Sales have been ranging at about $120K per month with yearly Gross looking to come in at about $1.6M.

A new lease will need to be negotiated with landlord who is very eager to see this restaurant continue to operate in the center as it has a great reputation and has added to a great mix of tenants.

To get name, address and see pictures just go towww.sellingrestaurants.com and select the tab titled "Sign NDA" tab and see if this is not all that it is said to be.

Detailed Information

Inventory:
Not included in asking price
Employees:
5FT/35PT/2Owner

Listing Statistics for Premium Members

Ad#:1313476 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Stuart Schlosser

Business Listed By:
Stuart Schlosser

SellingRestaurants.com

Show Phone Number

View My Listings


Sponsoring Broker:
Mel Jones

Find out more...

Get more details about this business.


Similar Listings


Bennigan's Grill & Tavern

Franchise Opportunity
Capital Required: $1,200,000