PHOTO: Ray Kroc
In the mid 1950s, a struggling milkshake mixer salesman came up with the golden formula to make fast food businesses successful. Ray Kroc’s California ranch that was used as a retreat and think tank, where many of McDonald’s menu items were conceived including the McRib and the Egg McMuffin, is for sale and featured this week at TopTenRealEstateDeals.com.
POMPANO BEACH, Fla., Nov. 20, 2020 /PRNewswire-PRWeb/ — “Ray Kroc’s McDonald’s Fast Food Ranch & Think Tank Hits Market”
In the mid 1950s, Ray Kroc was a struggling milkshake mixer salesman who came up with the golden formula to make fast food businesses successful. His involvement in and eventual ownership of McDonald’s is to this day the model for setting up, managing and controlling a restaurant brand’s multi-location and franchise system. His huge success evolved into massive personal wealth, fame and philanthropy. In 1966, soon after McDonald’s went public, Kroc purchased a California ranch as a retreat and think tank where many of McDonald’s menu items were conceived including the McRib and the ever popular Egg McMuffin. Now on the market, Kroc’s former J & R Double Arch Ranch is priced at $29 million.
Located in the Santa Ynez Valley near Santa Barbara, the 554-acre ranch has a smorgasbord of residences, recreational amenities, barns, a spacious and versatile conference hall and spaces for entertaining large groups of guests. The main lodge measures over 17,000 square feet with an excess of 20 bedroom suites, a commercial kitchen and a dining room that will seat up to 100 guests. The lodge living room, which measures 3,000 square feet, has a massive fireplace for gathering on chilly winter evenings. The Founder’s Building consists of a library, two bedroom suites, offices and a full gym. Also on the property are five single residences, two bunk houses, barns, corrals and paddocks. Water is provided through two lakes, five wells and three cisterns which store 90,000 gallons of water.
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