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