Two Income Producing Businesses on One Property
• The offering includes two operating, turnkey businesses—Sea Fresh Restaurant and Launderland Laundromat—providing diversified, on-site income streams.
• This combination reduces single tenant risk and creates stability through complementary uses (restaurant + necessity retail).
Strong In-Place Cash Flow
• Sea Fresh Restaurant has been established since 1985 and consistently grosses over $2 million annually, indicating a proven concept with long-term market acceptance.
• The laundromat is absentee-owned and has consistent annual gross revenue exceeding $100,000, offering relatively passive income potential.
Prime Corner Lot in a High-Barrier Market
• The property sits on a ½+ acre corner lot along East Ojai Avenue, a main commercial corridor, offering high visibility and accessibility.
• Ojai’s ban on chain retailers significantly limits new competition and increases the long-term value of well-located independent commercial assets.
. Value-Add and Repositioning Potential
• Both buildings were fully renovated in 2015, with newer roofs (restaurant in 2015, laundromat in 2024), reducing near-term capital expenditure needs.
• The restaurant space is easily adaptable to multiple food concepts, offering upside through rebranding, operational improvements, or concept change.
Attractive Demographics & Consumer Spending
• The surrounding area shows high household incomes (average household income exceeding $112,000 within 2 miles) and substantial consumer spending, supporting discretionary dining and service uses.
• A mature, affluent demographic aligns well with seafood dining, wine, wellness, and experiential retail offerings.
Location in a Destination Lifestyle Market
• Ojai is a regional destination known for tourism, wellness, arts, and outdoor recreation, which supports sustained restaurant traffic beyond the local population base.
• The town attracts visitors, second-home owners, and high-income residents, enhancing top-line revenue potential for food and beverage concepts.