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Voted Best Italian Restaurant - Restaurant For Sale

42418 Bob hope Drive, Rancho Mirage, Palm Springs/ Rancho Mirage, California, United States
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Asking Price$295,000
Revenue$750,000 Established1999
Cash Flow$175,000 Employees11 full, 4 part
FF&E$125,000 FranchiseNo
Inventory$7,500 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
The restaurant is located in the Palm Springs/ Rancho Mirage area of Southern California.
This is where the sports,movie and TV stars love to eat.
There is over 120 golf courses and country clubs, and many hotels just minutes away. We have a good catering business with the hotels, doctors offices, and hospitals. We have 62 seats inside, and 34 seats on the patio. Our employees have been with us for years and have the ability to run the business on a day to day basis.
We have a very exciting menu, with weekly specials that we have developed. We serve beer and wine, and are known for serving the largest glass of wine in the valley.
There is room for expansion for adding a bar, and additional seats.
The restaurant is a favorite for both the locals and visitors.
Facilities:we have a good kitchen and charming and intimate decor in our dining room
Competition:We have very little competition in the area
Growth Potential:The growth potential is great for the right person.
Training/Support:owner will train for 60 days and provide any assitance for 6 months. The entire staff will stay.
Seller Financing:seller will consider partial financing for the right buyer
Sale Reason:I'm 72 and time to smell the roses,owner is retiring
Ad #20045
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