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Finance And Services:

Commercial Property For Sale. Unique Country Roadhouse

LISTING DETAILS
Firms For Sale ID:
11876
Vendor reference:
727069
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$100,000  
Turnover / revenue:
$39,545
Net profit / cashflow:
$197,100

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This unique country roadhouse is situated on approximately 6.9 acres of hillside property (elev. 2,50092;, with truly breathtaking views overlooking Lake Elsinore 1,00092; below, and the Temecula Valley, the San Bernardino and San Gorgonio mountain ranges, Mount San Jacinto and Mount Palomar. This is the only commercial property of its type in the entire Lake Elsinore Valley, located on the Historic Ortega Highway (SR23;74) between San Juan Capistrano to the West, and running East through the Cleveland National Forest to unincorporated Riverside County, adjacent to the City of Lake Elsinore. There is really no meaningful competition in this area. Because of it';s unique location, this 93;quintessentially California-style94; establishment has always been a popular, year-round gathering place. Built in 1945, the original 3,300 sq. ft. wood frame and stucco cafe was acquired in 1968, and has been continuously operated as a rural roadhouse/restaurant serving breakfast and lunch, and licensed to sell beer and wine. Dinner was offered for about 20 years up until 1998, and it was briefly operated as a Bed 26; Breakfast from 1998 to 2001, but it eventually became too much work for the proprietor to handle on her own. Once it is remodeled, this roadhouse establishment is fully amenable to being developed to its highest and best potential use as a scenic hospitality destination with a full-service upscale restaurant offering breakfast, lunch and dinner, and a uniquely rustic yet elegant Bed 26; Breakfast with several guest cottages by converting the unused 3.5 to 4-acre portion of the available acreage. This destination presently receives ample newspaper, magazine and tour guide coverage every year, and also features its own website. Principals preferred, photographs available. DON';T MISS THIS TRULY UNIQUE RESTAURANT - HOSPITALITY OPPORTUNITY21; Call Brian Gunshor at 310-539-8300.