Indian Restaurant near Beach

Ventura County, CA

Indian Restaurant near Beach
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Asking Price: $159,000

Cash Flow: $132,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Rent: $3,936 /Month

Established: N/A

*not included in asking price.

Indian Restaurant near Beach

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Business Description

MONTHLY GROSS: $50,000
MONTHLY RENT: $3,936
LEASE TERMS: 4+5
STORE SIZE: 2,500 SF.
SEATING CAPACITY: 58 INSIDE + 32 PATIO
OPEN HOURS: 11AM-10PM
EMPLOYEES: 5 FT, 2 PT
WAGE: $15,500/MO.
REASON FOR SELLING: LONG DISTANCE. OWNER LIVES
1 HOUR AWAY FROM THE BUSINESS.
NOTE: GREAT LOCATION WITHIN WALKING DISTANCE
TO THE BEACH. BUSY TOURIST AREA. LOW FOOD COST.
RESTAURANT IS CLOSED BETWEEN 3PM-5PM MON-FRI.
WEEKDAY LUNCH BUFFET IS $11.95+TAX
WEEKEND BRUNCH BUFFET IS $13.95+TAX
DINNER IS SERVED FROM THE MENU.

Detailed Information

Location:
Ventura County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
5 ft, 2 pt
Facilities:
2500 sf. Seating for 58 + 32 patio
Competition:
No competition
Growth & Expansion:
Sales are on the way up
Support & Training:
Seller will train
Reason for Selling:
Long distance from home
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Jack Oh

Business Listed By:
Jack Oh

Power Realty & Investments

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