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Asking Price$239,000
Revenue$1,918,680 EstablishedUndisclosed
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
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 |
Ad #101205
Seller Reference #2961
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
415-945-9701
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