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Disclaimer: This site is hosted by Marathon Management Services, LLC (MMS). Each Sunbelt office is independently owned and operated. The information in this listing has been provided to the listing Sunbelt office by the business seller and should be verified by a qualified third-party. MMS, including its affiliates, has no stake in the sale of the business, has not verified any of the information and, therefore, assumes no responsibility for its accuracy or completeness. Read MMS's Terms of Use before responding to this advertised listing.
PDFLand and Improvements
Listing ID:
VENTUCA001689
VENTUCA001689
The following broker is assigned to this listing:
Bonaventure Wakam
bwakam@khaminc.comCell: (805) 907-0780
Description
Historic 3,134 sq. ft. commercial building on a 21,074 sq. ft. lot at the corner of Saviers and Pleasant Valley Road in Oxnard. For almost 40 years this was the site of the famous Uncle Herb's Pancake House which closed down in 2007. The property has recently been leased by another restauranteur. The lease ia a triple net lease for 5 years and could be an income property. Strategically located in the developing South Oxnard near one of the busiest intersections in the city. Phase I and Phase II environmental analysis has been completed on the property. All items included in purchase price except the equipment owned by restaurant operator.
Financials
| Asking Price: | $900,000 |
|---|---|
| Revenue: | N/A |
| Cash Flow: | N/A |
| Downpayment: | $900,000 |
| Monthly Payroll: | N/A |
| FF&E Asking Price: | N/A (Included in Asking Price) |
| Inventory Asking Price: | N/A |
| Financing Available? | No |
Property
| Asking Price: | N/A |
|---|---|
| Building Size: | 3134 sq ft |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 1968 |
| Year Acquired: | 1968 |
| Full-Time Employees: | 0 |
| Part-Time Employees: | 0 |
| Reason For Sale: |