Thursday, July 21, 2011

Buy a restaurant in on the beach

THE RESTAURANT: We are happy to present this wonderful restaurant in the beautiful city of Ventura. This is a dream of a restaurant too! This is a stand alone restaurant located only blocks from beach with lots of parking, which is hard to come by in this area, easy access to freeway, and wonderful street visibility. And all this with a patio as well.

This restaurant has a fully equipped kitchen and a gorgeous bar with a Full Service type 47 Liquor License and all the top shelf offerings, as well as an exciting selection of wines.

THE NUMBERS: This restaurant has a history of doing more than a million a year in gross sales. But just like all the other restaurants in this class, the numbers have come down, but even so, $735,000 still isn't bad!!! And a profit of $99,000 makes this restaurant an absolute bargain at only 1.5 times owner cash flow. There aren't too many restaurants of this quality priced like this!

THE USES: You can continue with current concept and add some of your personal touches to it or if you've been looking for a nice restaurant space and you want to save the time and money of not building one from scratch, then by all means, take a look at this place. This is a first class restaurant with a high quality finish.

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