Business Description Turn Key Restaurant Facility in Amazing Location
SIC Code Organizational Form S Corp
General Location Thousand Oaks
Selling Price $24,900 Down Payment $24,900 Annual Revenues Discretionary Earnings
Days and Hours
of Operation 10 a.m. - 9 p.m. Mon - Sat
11 a.m. - 8 p.m. Sun Year Established 2004
Years Owned 2
Non Compete 2.5 miles for 3 years
Executive Summary
You couldn’t ask for a better location. This turn key operation is located inside of a shopping center on a bustling main street in Thousand Oaks. The shopping center is within walking distance of a busy residential and commercial neighborhood. This facility is in outstanding condition and furniture, fixtures, and equipment valued at approximately $150,000 is INCLUDED in the sale price. This ideally located restaurant facility was formerly operated as a submarine sandwich franchise. Great lease. Beautiful front patio allows for total seating of 25. New owner can establish a new franchise or bring their own concept to this ideally located facility.
Confidential business information provided only to qualified buyers.
Lease / Building Information
Monthly Lease/Rent $3,100 Deposit
Expires 1/1/2012 Building Type Shopping Center
Terms & Options 2 five year options
Square Footage / Dim. 1250 Seating 25
Assets (Y=Included / N=Not Included / A=Available)
Accounts Receivable N
Licenses N
Inventory N
Type of License
L/H Improvements N
Other Assets
Furniture / Equipment Y $125,000
Real Estate N
Total Assets $125,000
Marketing Information
Marketing New owner could choose their own franchise to bring in or establish their own restaurant concept. Great location in a high traffic area. Print a few flyers to let customers know you are there and you are in business!
Strengths & Opportunities Great location. Excellent lease. This opportunity will not last long!
Area, Facilities & Equipment Furniture, fixtures, & equipment are in excellent condition. Including the outdoor patio, this restaurant easily seats 25.
Company History This establishment formerly operated as a sub-sandwich franchise.
Financial Summary This is an ASSET SALE.
Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.
Printed on 10/16/2007 2:40:35 PM by Iqbal Hussain