Simi Valley Popular Bar/restaurant/live Music Venue

Simi Valley, CA (Ventura County)

Simi Valley Popular Bar/restaurant/live Music Venue

Asking Price:$160,000

Cash Flow:$96,000

Gross Revenue:$636,000





Simi Valley Popular Bar/restaurant/live Music Venue

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Business Description

Simi Valley Popular Bar/restaurant/live Music Venue

RRC#: 2449
Asking Price: $160,000
Location: Simi Valley, Ventura County, California
Yearly Revenue: $636,000
Yearly Cash Flow: $96,000
Monthly Rent: $5,500

Founded by long time Simi Valley residents, this popular local bar/restaurant/live venue helps support various high school sports, academic organizations and charitable causes. It provides the community with a responsible, fun and family friendly restaurant and bar. There is a stage area where live music draws an enthusiastic crowd most nights. Consistently profitable with sales volume growing. Restaurant items include freshly prepared American cuisine, a full bar and experienced staff. Excellent lease terms. Easy access from the freeway and abundant parking.

Organization: Sole Proprietorship | Year Established: 2013 | Current Owner: 2013 | Employees: 11 PT/1 FT | Seating: 70 | Square Footage: 3500 | Parking: Public lot | Licenses Required: ABC, Health permit, dance permit, conditional use permit | Days Open/Hours: Open 7 days | Reason For Sale: Other Interests |

Yearly Revenues: $636,000 | Yearly Cash Flow: $96,000 |

Monthly Rent: $5,500 | Lease Expiration: 4/17 | Lease Option: Two 5 year options | Security Deposit: 11000 |

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Steven D . Zimmerman CBI, CBB

Business Listed By:
Steven D . Zimmerman CBI, CBB

Restaurant Realty Company

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