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 Info

  • OrganizationContact For Info
  • Established2012
  • Current Owner2012
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet5272
  • ParkingStreet
  • LicensesContact For Info
  • Open HoursMon thru Sun 1130am to 10pm

Lease

  • Rent$21,641
  • Expiration10/2022
  • Yearly Increase3%
  • OptionSix (5) year options
  • Deposit16449

Financials

  • Monthly Revenue$159,890
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,918,680
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location