31502 Riverside

Acquire a rare opportunity to own both the real estate and the established Ringside Bar Grill in the growing community of Lake Elsinore California The Business must be purchased in conjunction with the Real Estate which is offered separately at 1759000 The business generates gross annual sales exceeding 1000000 making this an outstanding opportunity for an owneruser seeking an established turnkey operationThe property features a 2776squarefoot freestanding building that underwent extensive renovations in 2022 creating a modern attractive and welcoming environment for patrons Originally constructed in 1982 the property has been thoughtfully updated and is wellpositioned for continued successIdeally located in the vibrant Lake Elsinore market and zoned CP Commercial Professional the property offers excellent visibility accessibility and longterm growth potential Whether you are an experienced restaurateur looking to expand or an entrepreneur seeking to own your own business and real estate this offering provides a unique opportunity to acquire a thriving business and a strategically located commercial property in one transaction2776 SF building with an additional 800 SF covered patioBuilt in 1982 Renovated in 2022Zoned CPLocated on Ortega Hwy just as you come into Lake ElsinorCap Rate is based on Market rent of 12000 a month NNNRingside Bar and Grill to be sold concurrently at 379000Includes a Type 48 liquor licenseSeats 99 persons10 beer taps and 3 wells behind the barTouchtunes jukeboxMultuple Samsung Smart TVsSound system with DJ set upFlat top grillTwo fryersPizza Oven