Peabody's Cafe & Bar

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Peabody's Cafe & Bar Great Location Downtown Palm Springs!
Asking Price:
$299,000

Gross Revenue:
$830,000
Cash Flow:
$75,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Peabody’s Café has a great location in downtown Palm Springs within walking distance to the area’s many attractions. Peabody’s originally opened in 1992 as a coffee house and has grown over the years into a full restaurant and bar serving simple American food with a Southern Californian twist. Serving breakfast, brunch and lunch daily using the freshest ingredients. On Friday and Saturday nights they stay open later and have karaoke that brings people in for a lively time. This is also a great place to enjoy one of their delicious Bloody Mary’s on the patio and people watch!! Please call broker for more details on this exciting opportunity and to arrange a showing.

About the Business

Year Established:
1994
Number of Employees:
12
Real Estate:
Leased
Building Sq. Ft.:
2,500
Lease Rate/Sq. Ft./Mo.:
$11,250.00
Facilities:
Inside dining and outside patio. . 47 Liquor License Hood & Grease Trap in place.
Website:
www.peabodyscafeandbar.com
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About the Sale

Reason For Selling:
Health
Training/Support:
Will train for an agreed amount of time.

Listing Info

ID:
1533628
Ad Detail Views:
440

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$
months
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Business Listed by

Robert Hughes

Hughes Properties Inc.
License# 01341734

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