31195 North Redwood Highway, Cloverdale, CA 94122
sale
$125,000
|
Business Opportunity
Courtesy Of Luxe Places International Realty
$6,000 per month rent which is 3% of gross revenue, with an option to buy the property. The World Famous Historic Hamburger Ranch and BBQ has been an iconic destination for locals and travelers for decades. There is an authentic home town feel and experience when dining here. The history is literally written on the walls from patrons sending postcards from all around the world sharing their unremarkable experiences. This in not your ordinary hamburger shack. 2019's income came in at $1,000,652.53 enabling a capitalization rate of 8% . 100% Upside income potential for catering private events which has not been done since the previous owner.
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Property Features
- Architecture Style: Other
- Floor Covering: Wood
- Floors: 0.0
- MLSID: 322070633
- Roof Type: Unknown
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