Ringside Bar & Grill

Investment Overview

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 real estate must be purchased in conjunction with the business, which is offered separately at $379,000. The business generates gross annual sales exceeding $1,000,000, making this an outstanding opportunity for an owner-user seeking an established, turnkey operation. The property features a 2,776-square-foot 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 well-positioned for continued success. Ideally located in the vibrant Lake Elsinore market and zoned CP (Commercial Professional), the property offers excellent visibility, accessibility, and long-term 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 transaction.

Investment Highlights

• 2,776 SF building with an additional 800 SF covered patio
• Built in 1982 Renovated in 2022
• Zoned CP
• Located on Ortega Hwy just as you come into Lake Elsinor.
• Cap Rate is based on Market rent of $12,000 a month NNN
• Ringside Bar and Grill to be sold concurrently at $379,000
• Buisness generates over $1,000,000 in GSI
• Includes a Type 48 liquor license
• Seats 99 persons
• 10 beer taps, and 3 wells behind the bar
• Touchtunes jukebox
• Multuple Samsung Smart TVs
• Sound system with DJ set up
• Flat top grill
• Two fryers
• Pizza Oven