About This Restaurant
Investment Highlights
Property includes a restaurant and convenience store on site. Set at an elevation of 4,760 ft at the mouth of Cave Creek Canyon in the Chiricahua Mountains. 16 hospitality units with scenic surrounding views.
Executive Summary
Turn-key operation includes a full-service restaurant with a new streamlined POS system, #10 and #11 liquor licenses, total indoor / outdoor seating capacity of over 125 people, a convenience store, a 16-room lodge, a music stage, and a medical tenant in place. SFR opportunity. NEW high-end, fully equipped food trailer that can accommodate catering events. The owners have invested in significant capital improvements, especially in recent years. The store has been in continuous operation since its opening in the early 1920s, and the two lodge buildings and the medical / residential building were added in the 1990s. You may wonder why the current owners are selling?they have run the business for 20 years and their children are now grown up. The empty nesters are ready for their next adventure!The historic Portal Peak Lodge, Store, and Caf? sits at an elevation of 4,760 feet, nestled in the Chiricahua Mountains at the mouth of the Cave Creek Canyon. The restaurant and convenience store are staples for regional residents and tourists alike. Guests enjoy staying in the heart of Portal in clean, comfortable accommodations with quality food, spirits, entertainment, and social gathering all on-site.A non-disclosure agreement and proof of funds are required prior to the release of financials.
Property Details
- Sale Type Investment or Owner User
- Sale Condition Business Value Included
- Property Type Retail
- Property Subtype Restaurant
- Building Size 4,810
- Year Built/Renovated 1973/2015
- Price 1,775,000
- Price Per SF 369
- Percent Leased Vacant
- Building Height 1 Story
- Building FAR 0.58
- Land Acres 0.19 AC
Date Created: | 2024-07-16 04:09:21 | Last Updated: | 2024-07-16 04:09:21 |
Address: | Peak Lodge Store and Cafe, Portal, Arizona, |