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Fully Equipped Kitchen, Philly Steak, in East Ventura County

Ventura County, CA

Fully Equipped Kitchen, Philly Steak, in East Ventura County
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Asking Price: $140,000

Cash Flow: N/A

Gross Revenue: $313,316

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,800 /Month

Established: 2004

Fully Equipped Kitchen, Philly Steak, in East Ventura County

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Business Description

Located in extremely busy shopping center in East Ventura County with ample parking and great visibility. Attractive lease with a few months remaining plus 5 year option. There is a very spacious kitchen with 2 hoods, grill, grease trap, 2 deep fryers, 2 burner range, prep table, walk-in freezer and refrigerator. Restaurant comfortably seats 30 people for lunch and dinner.

Annual sales have been consistently at about $310,000 per year. Their famous Philly steak sandwiches comprise of about 75% of their food sales. All the dressings and sauces are made in house, only ribeye is used for the steak sandwiches and the hamburger meat is ground on the premises. Adding a beer & wine license and promoting catering will vastly increase sales. A GREAT OPPORTUNITY.

The owner has worked hard over these past 14 years and very proud of his PLUS 4 rating with YELP. Owner is ready to take time off to travel the world which creates a great opportunity to build upon the strong loyal customer base. Are you ready to take the helm and steer this successful business into the future?

Detailed Information

Location:
Ventura County, CA
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
8/31/2019
Employees:
5
Reason for Selling:
Retirement
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Stuart Greenberg

Business Listed By:
Stuart Greenberg

LINK Business LA

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Sponsoring Broker:
LINK LA

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