* Included in Asking Price
Ventura County's Landmark Restaurant/bar/live Music Venue
Asking Price: $425,000
Location: Oxnard, Ventura County, California
Yearly Revenue: $1,500,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $10,900
This very popular establishment is truly one-of-a-kind in its location since 2000. This landmark restaurant/bar/lounge has become a favorite choice for receptions and showers, birthday parties, retirements, group meetings, civic groups, card clubs and much more. The most popular local bands and DJ's perform regularly, helping bring in the thirsty crowds. Includes capacity for over 200 guests, a spacious indoor 6,000 square feet, 2 patios for an additional 1,300 s.f., stage with a dance floor, banquet hall, big screen televisions, an unrestricted type 47 license, plus dance/entertainment license. The kitchen serves popular fare including steaks, burgers, salads, pizza and more. Convenient central location close to the beaches, Channel Islands and most of Ventura County with abundant free parking. Excellent lease terms include a 20 year lease and competitive rent.
Organization: LLC | Year Established: 2000 | Current Owner: 2013 | Employees: 28 PT, 1 FT | Square Footage: 6000 + 1300 patio | Parking: Public lot | Licenses Required: ABC, health permit, dance license | Days Open/Hours: 7 days | Reason For Sale: Retirement |
Yearly Revenues: $1,500,000 | Payroll: $28000 |
Monthly Rent: $10,900 | Lease Expiration: 8/2034 | Security Deposit: 11000 |
Seller Reference #2519
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