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Palm Springs Downtown Restaurant With Classic Mid Century Design

Riverside, California : Restaurants
Listing #2961

Palm Springs Downtown Restaurant With Classic Mid Century Design RRC#: 2961 Asking Price: $295,000 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 |

Asking Price:

$295,000

Gross Income:

$1,918,680

(last 12 months)
Cash Flow:

Undisclosed

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Palm Springs Downtown Restaurant With Classic Mid Century Design

RRC#: 2961
Asking Price: $295,000
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 |


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