$125,000

31195 North Redwood Highway, Cloverdale, CA 94122, US

Summary

Style: Business Opportunity
Sq Ft: 0.00
Year Built: 0

Moving Quotes

Remarks

$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.

Details

MLS#: 322070633
Price: $125,000

Style: Business Opportunity
Sq Ft: 0.00
Year Built: 0

County: Sonoma
Lot Size: 0.00

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Broker Contact


Luxe Places International Realty
1913 Hyde Street
San Francisco, CA, 94109
US
Dennis Liebl
! (415) 440-0000
! dliebl@prodigy.net
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by San Francisco Association of REALTORS
Last updated: 2023-10-18T16:37:49.000-07:00.
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