Popular Ventura County Cafe with ABC License

Ventura, CA (Ventura County)

Popular Ventura County Cafe with ABC License
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Asking Price: $420,000

Cash Flow: $146,400

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Popular Ventura County Cafe with ABC License

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Business Description

Popular Ventura County Cafe with ABC License

RRC#: 3214
Asking Price: Offered At $420,000
Location: Ventura County
Annual Revenue: $1,000,000
Annual Cash Flow: $146,400
Monthly Rent: $5,999

Listing Description:
The location of a popular cafe for over four decades, this recently remodeled beach-adjacent restaurant/cafe, which possesses a full ABC license, is consistently profitable and attracts a loyal following. An outdoor patio allows diners to enjoy dining in the California sunshine. Close to some of Ventura County’s most popular beaches. Menu includes breakfast, lunch, desserts and a popular weekend Happy Hour featuring a full bar with specialty cocktails as well as favorite brands. Additional income from private catered events. New owner can expand this already profitable business further with a full dinner menu as well as expanded hours. Hundreds of four & five star Yelp reviews confirm the establishment’s popularity. Plenty of public parking. Attractive long-term lease terms.

General Information:
Organization: Corporation
Established: 1958
Current Owner: 2016
Employees: 5 FT, 11 PT
Reason For Sale: Contact For Info

Financial Information:
Monthly Revenue: $81,200
Monthly Cash Flow: $12,200
Annual Revenue: $1,000,000
Annual Cash Flow: $146,400
Payroll: $31,500
Monthly Revenue: $81,200
Monthly Cash Flow: $12,200

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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