Fine California Dining Establishment

Not Disclosed, CA
Riverside County


Asking Price: Annual Revenue:
$875,000 $2,203,973

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fine California Dining Establishment Broker: Rick Rayl

Quick Facts

Asking Price: $875,000
Annual Revenue: $2,203,973
Net Profit: Not Disclosed
Cash Flow: $314,606
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1987
Employees: 20
BBN Listing #: 71755367
Broker Reference #: 86808-620724

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Business Overview:

One of the finest dining establishments in the Coachella Valley, this restaurant features timeless recipes of a renowned International Chef. Housed in an elegant building designed specifically for this restaurant and owned by the seller, dining patrons are surrounded by art and architecture while they dine on award winning dishes. There are 2 large dining rooms, a spacious patio, and a private dining room for up to 30 guests.
The kitchen was designed by the seller and is the result of decades of working in some of the finest kitchens in the world. 8 cooks can easily operate at the same time in the spacious, exquisitely equipped kitchen. Climate controlled wine storage for both red and white wines alerts the sommelier or owner by text if the temperature varies from its acceptable range.
A full bar with piano entertainment has its own patio separate from the larger 1,300 square feet main patio.
Owner financing considered for qualified buyers. The real estate is not included with the sale of the business, but the owner would consider a reasonable offer.

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Property Features and Assets:

Opened with great success in 1987 in a smaller location on El Paseo. Built current location in 2003, opening with much success.

Reason for Selling:

Retiring

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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