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Iconic Restaurant Greater Palm Springs Area For Sale

Palm Springs, California - South, US
Asking Price:
$4,900,000
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

Rare opportunity to acquire a truly iconic restaurant in the greater Palm Springs area with an established reputation and a loyal following. This exceptional property offers an inviting, expertly planned interior complemented by beautiful outdoor dining spaces and an inviting bar area, all designed to handle high volume and still maintain the perfect setting for both intimate dinners and large, group gatherings. The restaurant’s eclectic menu features a diverse cuisine, and along with a creative cocktail selection, create a delightful, sophisticated experience. Its distinctive atmosphere, exceptional food, and focus on customer service, has resulted in many years of strong local and visitor support, making it a destination in its own right. A turnkey operation with tremendous name recognition and proven appeal, this property offers an outstanding opportunity for a new owner to build upon a longstanding, effective, and profitable concept. With a staff that has been happily employed for many years, this restaurant is a testament to the potential of a well-run, successful operation. This information, while not guaranteed, has been obtained from sources deemed reliable. Buyer must verify the information and bear all risks for any inaccuracies. DRE #01366091 00082526

Property Information

Real Estate:

Lease

Lease Terms:

2.5 years

Leasehold Rent:

$70,800 per annum

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retiring.

Trading hours:

Hours of Operation: Dinner 5-9 Brunch 10:45 – 3:00

Employees:
40 FT 40 PT
Years established:
2007

Other Information

Support & training:

The sellers will train for an agreed amount of time for a smooth transition.