Oriental Restaurant For Sale - Thousand Oaks, California, CA - Ventura County

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PROFILE: Oriental Restaurant With Liquor License And High Profit

AD/LISTING INFORMATION
Status: Off The Market
State: California
Location: Thousand Oaks
County: Ventura
City: Thousand Oaks
Primary Category: Restaurant Related
Alternate Category:   None Given
  
 
 
 
 
 
 
  

FINANCIAL INFORMATION
Asking Price: $199,000
Down Payment: Submit
Annual Revenue: $900,000
Annual Adjusted Net: $150,000
   
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Yes

DESCRIPTION: This Is A Very Well Established Restaurant That Has Been Making 250,000 Per Year For Many Years For The Owners. The Broker Has Profit And Loss Reports And Tax Returns For Many Years. The Amount Of Income Taxes Paid By The Business Owners Would Provide A Nice Living For Many People
The Sellers, Because Of Personal Problems, Has Instructed The Broker To Get Offers That Will Get The Sellers A Quick Closing. They Want All Offers Submitted.
The Buyer Must Be A Strong Financial Buyer With Food Experience. The Business Was In Escrow Earlier This Year At 100,000 More Then The Asking Price Today. The Buyer, Who Still Wants To Buy, Just Could Not Pull The Necessary Funds Together To Please The Landlord. This Business Is The Best Restaurant You Will Run Across This Year. The Profit Above Is Just What Is Shown On The Tax Return

The Business Has A Full Liquor License

Contact The Broker For More Complete Information.

This Is The Best Priced Deal The Broker Has Ever Seen. If You Do Not Believe Him. Make An Offer And See The Tax Returns.

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Resources

Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!

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