Selling Restaurant
See More
About Us
Contact Us
Search Selling Restaurants Listings
#1259
San Bernardino Restaurants For Sale

Fine Dining Restaurant & Piano Bar w/Hard Liquor

$249,000
Fine Dining Restaurant & Piano Bar w/Hard Liquor
This Listing is Expired
Selling Restaurants presents this icon restaurant in Palm Springs. A large client�le of local customers as well as newcomers experience the delicious, yet affordable, cuisine of this upscale fine dining restaurant featuring a full bar with a wide selection of the finest liquors, domestic and imported beer and an outstanding and diverse wine list. The atmosphere is made complete with a beautiful piano bar, giving this restaurant the feel and flare of a Palm Springs Classic. Annual Sales Exceed $1.1 million, so this is a steal of a price for this restaurant with a great lease. Located across from the newly refurbished Riviera Resort and Spa. This stand alone building has 4,946 square feet, with a base rent of $4,925. No NNN, pay only property tax. Ample parking at this corner lot location. The 2nd floor features an office and storage facilities.

Take the next step and select one of the bright orange buttons below the listing.
Regional Manager Rodger Gibson DRE License #017022100

Lease

Region:
San Bernardino Restaurants For Sale
Lease Term:
expires March 31, 2013 + 5 yr. option
Total Monthly Rent:
$4,925
Security Deposit:
$10,000

Financials

Last Year's Annual Gross:
$1,175,560

Operations

Liquor License:
47
# of Full-Time Employees:
3
# of Part-Time Employees:
13
Hours Open:
11:30am - 10:00pm
7 days in season
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
90
Outdoor Seating:
50
# of Parking Spots:
26
Inside Sq. Ft.:
4,946

Highlights

  • Turn Key Restaurant & Bar
  • Established Loyal Customer Base
  • Seats 90 Comfortabley For an Intimate Dining Experience
  • Large Efficient Kitchen
  • Warm and Inviting Atmosphere
  • Type 47 Hard Liquor License Included
  • Less than $1.00 per Square Foot!
  • Beautiful Floor Plan

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

click for more demographic info

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.


Terms Of Use     © 2024