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#1758
San Bernardino Restaurants For Sale

Beautiful Italian Bistro With Full Liquor License in Desert Resort Area

$125,000
Beautiful Italian Bistro With Full Liquor License in Desert Resort Area
This Listing is Expired
Selling Restaurants presents this rare Palm Springs restaurant located on a high traffic street in historic uptown. This beautiful restaurant has great visibility and plenty of parking in the rear. This is a first class Italian Bistro, including a type 47 liquor license and it's all here for the taking! While there is a large bar area perfect for the 'happy hour' crowd, dining guests are seated in adjacent areas where they can enjoy a favorite cocktail and quiet conversation over a delicious dinner, then perhaps stay for the after dinner hours entertainment. There are 4,780 sf of elegantly designed restaurant and bar area, including a spacious, fully equipped kitchen. Current rent is $5,000 per month, including NNN. Keep the restaurant as Italian, or change to French or another concept, either way, this is a great deal! Seller states monthly gross sales range from $40,000 to $50,000 per month, this is to be confirmed by the buyer, as SellingRestaurants does not confirm. Take a look at this restaurant, you won't be disappointed. The seller has other business interests and is motivated, so bring your offer! Take the next step, click on the orange buttons, register at no cost, and receive the location, address and more photos. In addition, as a priority buyer, you will receive periodic updates on new listings and price reductions before they are released to the public.
Agent Steve McFarland

Lease

Region:
San Bernardino Restaurants For Sale
Lease Term:
negoiate new lease
Total Monthly Rent:
$5,000

Operations

Liquor License:
47
# of Full-Time Employees:
5
# of Part-Time Employees:
19
Hours Open:
Mon-Sun 5:30pm to close
Year Established:
2004
Hood System Type 1:
Yes

Facilities

Indoor Seating:
138
# of Parking Spots:
42
Inside Sq. Ft.:
4,780

Highlights

  • Great Opportunity!
  • Includes Full 47 Liquor License!
  • High Visability On Main Street!
  • Lots Of Auto Traffic!
  • Large Hard Liquor Bar!
  • Spacious Dining Area!
  • Live Entertainment!
  • Fully Equipped Kitchen!
  • Owner Will Carry Note!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 5-mi
2014 Total Population 30,246 30,246
Households 1-mi. 5-mi
2010 Number Of Households 12,507 12,754
2010 Persons Per Household 2.06 2.08
Median House Value $279,800 $275,293
Income Per Household $46,515 $45,927
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,074 1,114
2012 Number Of Employees 31,622 33,024
2012 Total Annual Payroll $607,771,000 $648,687,000

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Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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