Casual International Food Rest. w/Theatre Presence

Not Disclosed, CA
Riverside County


Asking Price: Annual Revenue:
$135,000 $551,314

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Casual International Food Rest. w/Theatre Presence Broker: LeeAnn Schumacher

Quick Facts

Asking Price: $135,000
Annual Revenue: $551,314
Net Profit: Not Disclosed
Cash Flow: $135,082
Total Debt: Not Disclosed
FF&E: $36,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 13
BBN Listing #: 187555367
Broker Reference #: 86808-440299

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Business Overview:

International comfort food restaurant in the Palm Springs, CA area features dishes from Argentina, Germany and Italy. Priced to sell, this 4,590 sq ft establishment has been at this location for almost 5 years. Currently seats 90 in restaurant, 35 bar lounge, and 40 on patio with room to grow outdoors. Full bar service with liquor license included. Beautiful space in growing area. Growth opportunity in changing the center layout of restaurant to add more seats, add lunch hour, additional tables/sectionals to the patio, advertise on social media and add delivery service, such as Grub Hub. Many cross-marketing opportunities in area of theatre and near future outdoor entertainment. 2 FT employees (owners) and 11 PT employees. Catering service available and special events. Highly motivated seller needs to sell due to health reasons.

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Property Features and Assets:

Restaurant attached to a theatre area. Love for international foods, cooking entire life, truned restaurant owners.

Market Competition and Expansion:

Add lunch hours, open deli attached to restaurant, increase patio seating, increase social media.

Reason for Selling:

Health

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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