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Pinocchio In Palm Springs For Sale

Palm Springs, California - South, US
Asking Price:
$995,000 (USD)
Sales Revenue:
$1,657,000 (USD)
Cash Flow:
$300,568 (USD)

Popular Bistro Downtown Palm Springs

Pinocchio in the Desert is a popular Palm Springs breakfast & lunch bistro that has a warm welcoming atmosphere and a lively fun European vibe. Located in the heart of beautiful downtown Palm Springs adjacent to all the popular tourist venues and shops in town. Pinocchio’s features an extensive European themed menu of breakfast and lunch items and also features our signature popular bottomless champagne, as well as a large beverage and wine menu. Customers can dine inside or enjoy dining on their relaxing outside patio that is both heated and air cooled. Come and experience the funnest happening restaurant experience the desert has to offer! Restaurant is closed for six weeks out of the year. Please call broker on this exciting turn-key opportunity and to arrange a showing.

Property Information

Real Estate:

Lease

Lease Terms:

Rent amount includes NNN of $1,110.00 per month.

Leasehold Rent:

$67,608 (USD) per annum

Location:

In the heart of downtown Palm Springs.

Premises Details:

this is a 2,300 sq ft open restaurant space with a large patio.

Business Operation

Reasons for selling:

Owners are retiring.

Trading hours:

7:30 AM - 2:30 PM

Employees:
17 FT & 3 PT
Years established:
2007

Other Information

Support & training:

Will train for an agreed amount of time to ensure a smooth transition.

Contact Information

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