Upscale American Restaurant & Sports Bar with Full Liquor and OTB in Ventura County, CA

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Financial Details

Asking Price:
$299,000
Annual Revenue:
$1,200,000
Cash Flow / SDE:
$12,000
Profit Metric:
Net Income (OTB)
Valuation Multiple:
24.9x
Location:
CA, US
Source:
Date:
September 15, 2025

Key Highlights

Newly remodeled upscale American restaurant and sports bar with a full liquor license.
Includes optional Off-Track Betting (OTB) generating $12,000 monthly net income.
Prime Ventura County location with 5,500 sq. ft. interior and patio, seating 249 guests.

Description

This is a turnkey, asset sale opportunity for a newly remodeled upscale American restaurant and sports bar located in Ventura County, California. The 5,500 sq. ft. venue, with an additional patio, features a full liquor license, 24 craft beers on tap, and 40 TVs for optimal sports viewing. It offers a high-quality dining experience with fresh cuisine and inspired cocktails. The business was recently renovated in late 2024 with new flooring, paint, seating, and entertainment equipment. It includes a well-equipped kitchen, attractive bar, and ample seating for 199 indoors and 50 on the patio. An optional Off-Track Betting (OTB) operation is available, managed by the Horse Racing Association, which generates $12,000 in monthly net income. The business currently averages over $100,000 in monthly sales and employs 28 staff members. The lease is valid until November 30, 2031, with a monthly rent of $19,000 (including CAMS). This is an ideal opportunity for an entrepreneur looking to acquire a fully operational, high-potential establishment.

Industry Information

Industry Description:
Upscale American Restaurant & Sports Bar with Off-Track Betting
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
2024
Employees:
28
Reason for Selling:
Other Interests

Real Estate & Lease

Status:
Leased
Monthly Rent:
$19,000 USD
Lease Expiration:
2031

Assets & Inventory

Includes FF&E:
Yes

Broker Contact

Name:
Teri Craft
Company:
Berkshire Hathaway Commercial Division
Phone:
213-788-1457

Listing Details

Listing ID:
ffdfc7f9-1f63-4852-ad35-40a7801483a0
Source Listing ID:
2347167
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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