Fine Dining Waterfront Restaurant with Beer and Wine

Oxnard, CA (Ventura County)

Fine Dining Waterfront Restaurant with Beer and Wine

Asking Price:$170,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2016

Fine Dining Waterfront Restaurant with Beer and Wine

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Business Description

This Beautiful Restaurant sits on the waters edge surrounded by $$Million Dollar Homes has just been completely remodeled with all the high tech devices including remote lighting and temperature controls, 16 camera system with remote access also with audio, alarm system, Wireless POS Terminals(yet every wall has CAT 5 wiring if owner wants to use direct wire POS system), Wireless sound system and so much more.

Kitchen has the basic cooking equipment plus Sous-vide cooking equipment , as well as a brand new hood system with captive air exhaust. No expense has been held back to make this a most modern kitchen.

Dining Room and Bar area seat 100+ and there is also a Private Dining Room that seats 10 for business dinner meetings, birthday celebrations, anniversaries, ETC.

Seller has built his dream facility and just months after opening he has been asked to return to a former company that has offered him a salary he could not pass up and though with much reluctance he has decided that selling would be his best option as he would not be able to just leave this in the hands of management and employees and be able to devote the his attention fully to the demands of his position , as he would always have the restaurant on his mind.

After spending in excess of $300,000 to renovate the restaurant he is willing to take a big price reduction and pass on this already successful business for Only $195,000. This is a must see restaurant for anyone looking to operate a high end restaurant. The furniture is all made from Reclaimed Woods and a high endurance wood looking Tile floor that will out last the building.

With a view of the surrounding homes and their boat docks this is an amazing find. You will love everyday coming to this area to work and grow a great business.

Though the restaurant has only been open since April sale have been steadily climbing and are presently between $10K - $15K per week and with summer here the areas residence occupation jumps significantly and sales should just explode. The Yelp reviews are in the 4.5+ Star rating and they have already received 37 reviews and Facebook has them at 4.9 Stars!!! WOW!!

Buyer can continue to grow upon the current concept that is a menu that changes with the availability of the locally grown produce, fish from the local boats and other of the finest, healthiest, freshest ingredients that can be sourced OR You can bring a concept that will fit the area and clientele.

Buyer will need to have good experience in operating a nice restaurant and good financials to get landlords approval to assign the lease. So if this sounds like the restaurant you have been waiting to find don't delay as we don't expect this one to last long.

Go to SellingRestaurants.com to "Sign NDA" and once you sign it you will get access to many pictures, name and address so you can come by and check this out for yourself. PLEASE REMEMBER Do NOT talk with employees about sale of business as owner has been able to hire a great staff and wants to be able to offer them a chance to stay for buyer and not have anyone prematurely jumping ship.

Detailed Information

Employees:
9FT/9PT/1Owner

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Stuart Schlosser

Business Listed By:
Stuart Schlosser

Paramount Restaurant Brokers, Inc.

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Sponsoring Broker:
Mel Jones

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