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Chinese Restaurant – 15 Years of Profitability

Ventura, CA (Ventura County)

Chinese Restaurant – 15 Years of Profitability
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Asking Price: $179,000

Cash Flow: $175,200

Gross Revenue: $600,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Chinese Restaurant – 15 Years of Profitability

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Business Description

Chinese Restaurant – 15 Years of Profitability

RRC#: 3443
Asking Price: Offered At $179,000
Location: Ventura County
Annual Revenue: $600,000
Annual 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:
Established: 2003
Current Owner: 2003
Employees: 4FT 5PT
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $50,000
Monthly Cash Flow: $14,600
Annual Revenue: $600,000
Annual Cash Flow: $175,200
Payroll: $11,000
Monthly Revenue: $50,000
Monthly Cash Flow: $14,600

Detailed Information

Location:
Ventura, CA
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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Business Listed By:
Steven D. Zimmerman

Restaurant Realty Company

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Listing Statistics

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Demographic Information

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