AsiaSF Palm Springs (Name Not Included)

$695,000
The property
Exceptional opportunity to assume a strong long term lease for the extensively renovated restaurant space, bar, dance floor, catering kitchen plus the outdoor entertainment and event space with Cabanas, Swimming Pool, fully equipped and covered outdoor bar and open lawn areas known as the Sonoran Event Center. Included with this sale are all improvements, a fully equipped and fully operational kitchen, liquor licenses, FF & E plus an extensive state of the art Sound and Lighting System. Open and ready to continue full operation with no down time for a new, rebranded tenant. Why spend millions for renovations and years of delays with Palm Springs City permitting and Riverside County restrictions when this opportunity is currently fully functioning. One of the largest kitchens with high quality amenities available to service all restaurant, indoor and outdoor catering needs. High quality finishes, fixtures and furnishings are included for any new business. Abundant outdoor dining and seating in addition to the large indoor space. Abundant off street parking available. Separate lounge / bar with high beamed and vaulted ceilings, outdoor seating and a fireplace. There are 2 additional service bars serving the main restaurant and dining areas. A private Dance / Entertainment room with bottle service and DJ opportunities. Many additional income possibilities with large dining facilities indoor and outdoor event options.

This information, while not guaranteed, has been obtained from sources deemed reliable. Buyer must verify the information and bear all risks for any inaccuracies. DRE #01366091 000102622

Use: Restaurant, Club & Large Outside Space
Size: 50,000 Sq Ft Total, 15,000 Sq Ft Property, 35,000 Sq Ft Restaurant
Rent: $20,157 Plus CAM
Lease: Long Term Lease Available
Gross Sales: NA Owners Profit: NA
Liquor License: Type 47,58 & 68
Employees: 5 FT 35 PT
Years in Business: NA
Hours of Operation: 6PM-12AM Sat.-Sun. 2AM Reason For Sale: Other Business Interest in San Francisco

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