Premium Dining Experience Positioned as a high-end restaurant offering fine dining near the beach, 21 Oceanfront attracts affluent customers seeking exclusive culinary experiences, presenting opportunities for premium food, beverage, and event service partnerships.
Location Advantage Situated directly across from the Newport Beach Pier in a historic building, the restaurant benefits from high foot traffic and tourist exposure, creating potential sales opportunities in outdoor event hosting, hospitality collaborations, and local partnerships.
Digital Engagement Utilizing tools like Google Analytics and Squarespace Commerce indicates an active online presence, which can be further leveraged through targeted marketing, digital promotions, and online reservations to boost customer engagement and sales.
Growth Potential With annual revenues estimated between $1 million and $10 million, the restaurant shows solid financial health, allowing for strategic investments in technology upgrades, menu innovation, or expansion efforts to increase revenue streams.
Limited Scale Operating with a small team of 11-50 employees in a niche market, there are opportunities to introduce specialized services or technology solutions to improve operational efficiencies and enhance guest experiences, driving additional revenue.