Great Location Popular Restaurant!

Palm Springs, CA
Riverside County

Downtown Palm Springs


Asking Price: Annual Revenue:
$995,000 $1,657,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Great Location Popular Restaurant! Broker: Bob
License #: 01341734

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,657,000
Net Profit: Not Disclosed
Cash Flow: $300,568
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 17
BBN Listing #: 730051177
Broker Reference #: Not Disclosed

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Business Overview:

Pinocchio in the Desert is a popular Palm Springs breakfast & lunch bistro that has a warm welcoming atmosphere and a lively fun European vibe. Located in the heart of beautiful downtown Palm Springs adjacent to all the popular tourist venues and shops in town. Pinocchio’s features an extensive European themed menu of breakfast and lunch items and also features our signature popular bottomless champagne, as well as a large beverage and wine menu. Customers can dine inside or enjoy dining on their relaxing outside patio that is both heated and air cooled. Come and experience the funnest happening restaurant experience the desert has to offer! Restaurant is closed for six weeks out of the year. Please call broker on this exciting turn-key opportunity and to arrange a showing.

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Property Features and Assets:

Great street visibility, large outside patio. Downtown in the heart of Palm Springs!

Reason for Selling:

Retire

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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