Riverside County – Popular Cocktail, Dining & Entertainment Restaurant
Business Description
Riverside County – Popular Cocktail, Dining & Entertainment Restaurant with ABC Full Liquor License
RRC# 4980
Location: Riverside County
Description:
20 years of passionate ownership has developed this 3600 sq ft, Icon European style restaurant into a popular cocktail, dining and entertainment “Go To” place located in Riverside County. The affluent areas of Palm Desert and Palm Springs are just minutes away and the long-established reputation makes this opportunity a jewel. Included with the sale is a valuable ABC type 47 full liquor license, all furniture & equipment plus 20 years of goodwill. Currently only open 5pm – 10pm five evenings per week, leaving so much new ownership opportunity for growth. Fully equipped kitchen for this 40-seater bar and separate 80 seat restaurant with its live music entertainment stage. Locals love this restaurant which provides great cocktails & wines, quality food and wonderful live music. Monthly rent is $8,600 plus NNN and there is still 11 years remaining on the transferable lease. A lease extension above the current terms would be negotiated with the landlord. Annual Revenues for 2024 are $570,000 based on the limited opening hours. To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $47,500
Monthly Cash Flow: Contact for Info
Annual Revenue: $570,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: Inc
Established:2003
Employees: 6
Reason For Sale: Other Interests
Monthly Rent: $10,900 Including NNN
Expiration: 2026 plus Two x 5 yr Lease Options
Facilities:
Square Feet: 3,600
Seating: Contact for Info
Parking:Large Parking Lot
Licenses: ABC Type 47, Business and Health permits
Days/Hours of Operation: Tuesday - Saturday 5.00pm - 10.00pm. Closed Sunday & Monday
RRC# 4980
Location: Riverside County
Description:
20 years of passionate ownership has developed this 3600 sq ft, Icon European style restaurant into a popular cocktail, dining and entertainment “Go To” place located in Riverside County. The affluent areas of Palm Desert and Palm Springs are just minutes away and the long-established reputation makes this opportunity a jewel. Included with the sale is a valuable ABC type 47 full liquor license, all furniture & equipment plus 20 years of goodwill. Currently only open 5pm – 10pm five evenings per week, leaving so much new ownership opportunity for growth. Fully equipped kitchen for this 40-seater bar and separate 80 seat restaurant with its live music entertainment stage. Locals love this restaurant which provides great cocktails & wines, quality food and wonderful live music. Monthly rent is $8,600 plus NNN and there is still 11 years remaining on the transferable lease. A lease extension above the current terms would be negotiated with the landlord. Annual Revenues for 2024 are $570,000 based on the limited opening hours. To receive more information and discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $47,500
Monthly Cash Flow: Contact for Info
Annual Revenue: $570,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: Inc
Established:2003
Employees: 6
Reason For Sale: Other Interests
Monthly Rent: $10,900 Including NNN
Expiration: 2026 plus Two x 5 yr Lease Options
Facilities:
Square Feet: 3,600
Seating: Contact for Info
Parking:Large Parking Lot
Licenses: ABC Type 47, Business and Health permits
Days/Hours of Operation: Tuesday - Saturday 5.00pm - 10.00pm. Closed Sunday & Monday
About the Business
- Years in Operation
- 22
- Number of Employees
- 6
- Facilities & Assets
- Square Feet: 3,600
Seating: Contact for Info
Parking:Large Parking Lot
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,600
- Rent
- $10,900.00 per month
- Lease Expiration
- 12/31/2026
About the Sale
- Seller Motivation
- Other Interests
Listing Info
- ID
- 2346861
- Listing Views
- 463
Listing ID: 2346861 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleCalifornia Businesses for SaleCalifornia Food & Beverage Businesses for SaleCalifornia Restaurants Businesses for Sale
Similar Listings
