Posting Details

Restaurant For Sale - Palm Springs, Riverside County

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 |
The listing # 240792 Restaurant - Palm Springs, Riverside County below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Restaurant in Palm Springs, Riverside County please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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