InvestorsHub Logo
icon url

qed

05/22/04 11:03 AM

#3 RE: Tomer #2

According to the city of Enicinitas zonig it looks like the buliding is in a residential area (Residential Rural 1).

Information on zoning in Encinitas is available at
http://ci.encinitas.ca.us

Any thoughts how can they will be able to set up such a big business in a residential area?
icon url

Andone

06/17/04 9:07 AM

#5 RE: Tomer #2

Casa Simptica’s business plan is in deed very attractive at first sight but has some major flaws:
The owner applied for a building permit for a single family home and it is very likely that City of Encinitas will not grant her a business license for a drug and alcohol rehab center with 41 patients and 41 staff members. In that case Casa Simpatica would only be able to operate under state law code with not more than 6 guests. This would significantly limit revenues and diminish any hopes of exceptional high returns.