Pinocchio in the Desert

$1,300,000 Includes 47 Liquor License
The property
Description: Pinocchio in the Desert is a popular Palm Springs breakfast & lunch restaurant & bar that has a warm welcoming atmosphere and a lively fun 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 menu of breakfast and lunch items and also features our signature popular bottomless champagne, as well as a full bar. 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, a staple in Palm Springs. Restaurant is closed for six weeks out of the year. Please call broker on this exciting turn-key opportunity and to arrange a showing.

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 000101619-110619

Use: Restaurant / Bar Includes 47 Liquor License
Size: 2,300 Sq. Ft.
Rent: $4,524.11 CAM Charges $1,281.60
Lease: 2 Years w/ 5 Yr. Option
Gross Sales: $1,657,669 “2018” Closed for Six Weeks
Employees: 16 FT 3 PT
Years in Business: Since 2007
Hours of Operation: 7:30 AM – 2:30 PM
Reason For Sale: Retire

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