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Burger Restaurant

  • Status: Sold
  • Price: $299,000

Rolando Aldabert

License No:
DRE # 02200882
Email:
rolando@lbaweb.com
Office:
616-816-1141
Mobile:
626-739-8787
  • Listing No: 6425
  • Status: Sold
  • Area: Ventura County
  • Price: $299,000

Description

Are you ready to sink your teeth into a delicious business opportunity? Look no further than this thriving establishment, it is now available for. purchase, offering a prime location, crafted burgers, gourmet sides, hand-crafted shakes, 22 craft beers on tap. Located in the heart of Ventura County it enjoys a bustling setting that attracts both locals and visitors alike. The restaurant is situated in a vibrant neighborhood and benefits from excellent foot traffic and a strong customer base. The strategic location provides endless potential for growth and ensures continued success. These burgers are meticulously prepared, using the finest ingredients and innovative flavor combinations. The menu caters to all burger connoisseurs from classic favorites to specialty creations. And don’t forget about the gourmet sides and hand-crafted shakes that perfectly complement the burger experience, providing a truly unforgettable meal. To quench the thirst of beer enthusiasts, they proudly offer an impressive selection of 22 craft beers on tap. From local breweries to renowned international favorites, the beer menu is carefully curated to satisfy even the most discerning palates. This vast array of craft beers enhances the dining experience and keeps customers returning for more. In addition to its mouthwatering offerings and extensive beer selection, it boasts an impressive sales trajectory, with consistent year-over-year growth. This demonstrates the business’s ability to adapt and thrive in a competitive market. Acquiring this business means stepping into a profitable venture and tapping into its potential for further expansion and increased profitability. Don’t miss out on this enticing opportunity to own a thriving business in Ventura County. Take the reins and continue its legacy of crafted burgers, gourmet sides, hand-crafted shakes, and an impressive selection of 22 craft beers on tap, all while enjoying high-grossing sales with a proven track record of increasing revenues year after year.

Estimates Reported By Owner:
Gross Sales Are About $87,400k Per Month
Payroll Cost About $5,292/week 27%
15 Part-Time Employees
Food Cost About 32%
Beer and Wine Cost About 2%
Owner Reports Net Income At About $12,500 Per Month
Rent Approx $6990 including NNN
3.5 Years On Lease. 5-Year Option Available Upon Landlord Approval

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Restaurant
License(s) Required: Business, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6425
Date Available: 06/19/2023
Reason For Sale: retiring

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
6,990
Lease Expires:
Lease Option:
NNN:
included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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