businesses for sale


Mexican Grill For Sale in Palm Springs for sale

Location: Palm Springs, California

Category: Restaurants for sale

Asking price: $59,000.00

Description of the business for sale
Chava's Mexican Grill is located in the Palm Springs Mall located at 2365 E. Tahquitz Canyon in the main food court. Chava's offers both Mexican foods (tacos, burritos, enchiladas etc.) and American staples such as burgers, hotdogs and fries.
Open from 10-7 M-F, 10-6 Sat and 10-5 Sun Chava's does a brisk business from Maris College, a tenant in the mall, Palm Springs High School located across the street and from mall shoppers and local residents.
All FF&E is included and is estimated at approx. $40,000 in value (the hood alone bought last year cost $24,000). A wine & beer license has been applied for but has not yet been granted.
Current monthly rent is $1,081 plus cam charges of $280. There is a new 1 year lease with 1 year option to be effective on April 1, 2008.
The mall is currently scheduled for a complete remodel in 2 years and the food court will be expanded and relocated within the mall. Chava's has been granted the right to main in the new remodel and to relocate to the new food court. More information is available on the new mall by contacting Ed Mackey at 951-271-2251

Support / Training provided by seller
Owner will train 2 weeks. Owner developed favorite recipes which work well for broad clientele.

Description of the facilities
Current monthly rent is $1,081 plus cam charges of $280. There is a new 1 year lease with 1 year option to be effective on April 1, 2008.

  • By phone: 760-322-2286
  • Ask for: Dick DeCarlo

Reply to this ad

Business details

Keller Williams Realty
Palm Springs, CA
Broker Co-op? contact us

Listing Id: 86498
Reference Id:
Year established: 2005
Employees: 2

Asking Price: $59,000.00
Revenue: $120,000.00
Annual Net: Call/Email
Down Payment: Call/Email

Business Type:
Relocatable Business

 Printer Friendly

businesses for sale