Chill Bar a lively and vibrant bar located in Palm Springs, perfect for those who love to dance and have fun. This popular hotspot features reasonably priced drinks, ensuring great value for patrons. The atmosphere is friendly and welcoming, with bartenders and a crowd that make every visit enjoyable. The bar boasts a large outdoor patio where guests can relax and take in beautiful views, enhancing the overall experience. Live entertainment regularly graces the stage, adding energy and excitement to the venue. Guests can also enjoy a selection of tasty bar bites, and the bar is well-known for its delicious brunch offerings. Included with the sale is a 48 liquor license, providing a wide range of beverage options. This is an excellent opportunity to own a well-established, fun-filled bar in a prime location with a strong community vibe.
This information, while not guaranteed, has been obtained from sources deemed reliable. Buyer must verify the information and bear all risks for any inaccuracies.
- Asking Price:
- $2,200,000
- Sales Revenue:
- $4,048,517
- Cash Flow:
- $607,869
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
3 years remaining with a 5-year option.
- Leasehold Rent:
-
$216,420 per annum
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Other business interest.
- Trading hours:
-
Hours of Operation: 11:00 AM – 2:00 AM 7 Days
- Employees:
- 2 FT 30 PT
- Years established:
- 2014
Other Information
- Support & training:
-
The seller will train for an agreed amount of time for a smooth transition.
