Real Property is available for purchase!
This is a golden opportunity to own an iconic Northern California boutique and beachside hotel, restaurant, and bar business!!!
Property - This iconic property in a coveted coastal Northern California locale includes scenic patios, all new kitchen equipment, beautiful bar, restaurant, and hotel. In addition, the property includes a small, independent music venue that showcases the business’ robust music program. The surrounding natural beauty, myriad outdoor activities, and the exceptional culinary scene make the area a destination for visitors year-round.
The establishment offers a total of 4500 sf of operational space, plus 500 sf of patio seating. Current owners have made significant investments in life-safety, structural, mechanical and finishes. The property offers an essentially new structure that retains irreplicable historic character and excellent attributes for indoor-outdoor dining, versatile Covid-rule response and beautiful guest experiences.
Business - This iconic establishment has a very strong brand, loyal year-round clientele and booming seasonal business. The 47-liquor license is exclusive in the locale.
A major expansion of usable space and a reimagined service concept more than doubled revenue in 2021, despite operating at partial capacity due to COVID-19. Full life-safety and structural upgrades position the next owner for a range of exciting business developments. Solid revenue streams in the hotel, bar and restaurant have been proven and leave room for growth.
The hotel saw a large jump in occupancy in 2021 despite a corresponding increase in room rates. Guests have demonstrated a strong demand for the unique, high-quality experiences at this establishment and in the region, and there are many opportunities to expand those offerings. With the desirability of the location and the comfort and aesthetic upgrades, hotel demand is expected to continue to rise. The rooms, while comfortable today, leave room for a designer’s vision. Residential and commercial zoning allows for a unique live/work arrangement.