High Volume Restaurant, "Good Harvest Cafe"

Crescent City, CA
Location, Location, Location!

Seller Financing Available

Asking Price:$3,350,000
Gross Revenue:$2,108,146
FF&E:$250,000
Cash Flow:$246,510
Inventory:$12,000
Established Year:1993
BUSINESS DESCRIPTION

Location, Location, Location!

LOCATION, LOCATION, LOCATION! The crown jewel of the storied California Coast Highway is Redwood National Park. It's a worldwide bucket list item to see these giant trees. The park is not only a National Park, but also a United Nation's UNESCO world heritage site. As such, it supplies our restaurant with an endless supply of customers. GOOD HARVEST CAFE is a 30 year successful family business which is located right in the middle of the main concentration of hotels, RV parks, harbor, beaches, and sea aquarium is at the north entrance to not only Redwood National Park, but also California Redwood Parks, Jedediah Smith & Prairie Creek State Parks.The restaurant's current incarnation was built in 2009 after 16 years in its first location. The building is 2 stories and seats 102. The first story seats 64 in 2 dining rooms. The second story is our bar that seats 38 and has an ocean and Crescent City Harbor view. Its owner is an accomplished rustic furniture designer and builder that has been featured in the LA Times, San Francisco Chronicle & the cover of Architectural Digest, to name a few. Having worked in Yellowstone National Park he used elements of Old Faithful's rustic Inn, the restaurant is charming and warm. The restaurant sits on 1 of 3 lots. On the second lot is another 2 story building that houses 3 rental units. One is the entire first floor with 3 offices, lobby, and conference room. The second story is 2, one bedroom apartments, all currently rented & were gutted & remodeled in 2022. Both buildings were built with the finest materials, hardi-plank siding, heat pumps, PVC covered composite decking, all designed to last being right on the ocean. The restaurant's roof is a 50 year roof. The third lot is the parking lot for both structures. They both have access from the north and south sides of Coast Highway 101. Foot traffic galore! Travelers can easily walk from their hotels, RV Parks and boats in the Crescent City Harbor. This is a stellar location. There are also endless miles of pristine and unspoiled beaches and hiking trails all protected by the park systems and there are 2 light houses!


DETAILED INFORMATION
Location
Crescent City, CA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
4,176
Employees
30
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
In addition 2473 additional square foot building with 2 one bed/one bath apartments and office space
Financing
New loan/Cash
Support & Training
Owner will stay on or train
Reason for Selling
Retirement
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Donna Zorn
Donna Zorn