Profitable Restaurant-8mi to Vandenberg AFB-13 Yrs-REDUCED - $189K

Profitable Restaurant-8mi to Vandenberg AFB-13 Yrs-REDUCED - $189K

FOR SALE: Thriving Restaurant with Growth Potential in Lompoc (Drive-Thru Enabled - with conditions)

Overview:
Well-established restaurant strategically located just 8 miles from Vandenberg Air Force Base in Lompoc, a city on California's beautiful Central Coast.

Established 13-year-old restaurant in a prime location, ready for a new owner's vision. This 2,100 sq ft freestanding building offers a fully equipped kitchen with hood and walk-in, capable of supporting any culinary concept.

Financials:
Annual revenue consistently ranging between $650k - $900k
Currently operating 6 days a week, closed 2 months annually but can be operated year round
Price includes a valuable ABC Type 41 license for beer and wine sales

Key Features:
Versatile Space: Currently operating as a successful Thai restaurant, but easily adaptable to any cuisine.
Ample Seating: Comfortably seats 65 patrons inside, with potential for expanded outdoor seating.
Private Parking: Convenient private parking lot for customers.
Low Rent: Benefit from a remarkably low rent, maximizing profitability. 2,100sf @$4,000 per month/gross!
Lease Term: Three years remaining on the existing lease, providing stability and flexibility.
Revenue: Strong revenue history and established customer base
Prime Location: Near a major military installation and future tourist attraction
Beer & Wine: Includes a Type 41 ABC license in the sale price, adding to the business's value
Potential for further growth by extending operating hours or days
Option to acquire owners' home, providing flexibility and convenience

Opportunity:
Owners are retiring and relocating overseas, presenting a turnkey opportunity for a motivated buyer
The upcoming Lompoc museum development promises to significantly boost tourism and local economic activity
Owners' residence is also available for purchase, offering potential for a combined business and residential investment

Don't miss this exceptional opportunity to own a turnkey restaurant with a proven track record and the freedom to create your own culinary masterpiece.

For more information or to schedule a viewing, please contact Broker by filling out the contact form to the right of this listing. The system will send you an emailed response: SIGN NDA for your e-signature. PLEASE BE SURE TO REPORT ON WHETHER YOU HAVE ALL AVAILABLE FUNDS TO MAKE AN OFFER OR IF YOU STILL NEED TO SEEK FINANCING. CASH THROUGH ESCROW INQUIRIES WILL BE PRIORITIZED. No details will be released until funding has been discussed.

A signed NDA and proof of funds will be needed to answer any questions (address, location and equipment list etc) about this opportunity. This is an all cash sale through escrow.

Disclaimer: All information provided is deemed reliable, but is not guaranteed and should be independently verified.
DRE #01963614