Business For Sale

Palm Springs Downtown Restaurant

Not Disclosed, CA
Riverside County


Asking Price: Annual Revenue:
$239,000 $1,918,680

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Palm Springs Downtown Restaurant Broker: Steve Zimmerman

Quick Facts

Asking Price: $239,000
Annual Revenue: $1,918,680
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 760511533
Broker Reference #: 2961

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Palm Springs Downtown Restaurant With Classic Mid Century Design

RRC#: 2961
Asking Price: $239,000
Location: Riverside County, Riverside County, California
Yearly Revenue: $1,918,680
Yearly Cash Flow: Contact For Info
Monthly Rent: $21,641

LISTING DESCRIPTION:
Palm Springs like no place else. Hearken back to the days of Sinatra and the Rat Pack making Palm Springs Hollywood''s playground. This fully equipped turnkey location features a complete kitchen and spacious indoor/outdoor seating with great views right in the center of the action walking distance from all the trendy boutique shops.. Mid century modern architecture and design elements with clean lines and use of natural resources. Sleek desert modernism embraces the desert environment. Great lease with multiple options provides long-term stability for your new concept. Looking for a new operator to come in and take this fresh and unique spot to a new level. Type 47 liquor license to be transferred to new buyer.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2012 | Current Owner: 2012 | Square Footage: 5272 | Parking: Street | Days Open/Hours: Mon thru Sun 1130am to 10pm | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,918,680 |

LEASE INFORMATION:
Monthly Rent: $21,641 | Lease Expiration: 10/2022 | Yearly Adjustment: 3% | Lease Option: Six (5) year options | Security Deposit: 16449 |

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

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

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!