* Included in Asking Price
Simi Valley Popular Bar/restaurant/live Music Venue
Asking Price: $160,000
Location: Simi Valley, Ventura County, California
Yearly Revenue: $636,000
Yearly Cash Flow: $96,000
Monthly Rent: $5,500
Founded by long time Simi Valley residents, this popular local bar/restaurant/live venue helps support various high school sports, academic organizations and charitable causes. It provides the community with a responsible, fun and family friendly restaurant and bar. There is a stage area where live music draws an enthusiastic crowd most nights. Consistently profitable with sales volume growing. Restaurant items include freshly prepared American cuisine, a full bar and experienced staff. Excellent lease terms. Easy access from the freeway and abundant parking.
Organization: Sole Proprietorship | Year Established: 2013 | Current Owner: 2013 | Employees: 11 PT/1 FT | Seating: 70 | Square Footage: 3500 | Parking: Public lot | Licenses Required: ABC, Health permit, dance permit, conditional use permit | Days Open/Hours: Open 7 days | Reason For Sale: Other Interests |
Yearly Revenues: $636,000 | Yearly Cash Flow: $96,000 |
Monthly Rent: $5,500 | Lease Expiration: 4/17 | Lease Option: Two 5 year options | Security Deposit: 11000 |
Seller Reference #2449
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