Retro Room Lounge

$245,000
The property
Description: The Retro Lounges is in a great location in downtown Palm Springs within walking distance to the area’s main tourist attractions, shopping, dining, hotels and more. This is a fun neighborhood bar with a relaxed atmosphere, great Happy Hours serving one of a kind specialty cocktails. Popular for their Karaoke and live entertainment featuring talented performers who make this cozy bar come alive every night. This. This property has a 48-liquor license included in the sale price. Please call broker for more details 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 00072620

Use: Bar & Lounge
Size: 1,100 SQ FT
Rent: $2,818
Lease: 2 Years w/2 Five Year Options
Gross Sales: $374,246
Owners Profit: $160,000
Employees: 5 PT
Years in Business: 4
Hours of Operation: 4:00 PM – 2:00 AM
Reason For Sale: Leaving Area

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