Restaurant is centrally located in the greater Palm Springs area with close proximity to surrounding Desert Cities. A favorite place for locals and visitors to enjoy delicious food, craft beers, wine & happy hour in a lively atmosphere. Serving lunch & dinner daily customers enjoy the exceptional service, friendly staff, and reasonably priced food. There is outside patio dining, ample parking in parking lot and good street visibility. 47 Liquor license included in sale. Over $100,000 spent on improvements. Please call broker for more details on this property and to arrange a showing.
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 00050426
- Asking Price:
- $550,000
- Sales Revenue:
- $1,125,000
- Cash Flow:
- $130,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The lease is for 2 years with a 5-year option.
- Leasehold Rent:
-
$76,800 per annum
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Other business interest.
- Trading hours:
-
Hours of Operation: 11:30 AM – 9:00 PM Sunday 11:30 – 8:00 PM
- Employees:
- 8 FT 8 PT
- Years established:
- 2023
Other Information
- Support & training:
-
The seller will train for an agreed-upon amount of time for a smooth transition.
