We are a family owned and operated restaurant, we currently have Giuseppes, in Palm Springs in. We opened in April of 2011. it does 1.6 million out of 2600 square feet.
We opened Bar in PS, it is a restaurant/ bar. This restaurant has been in black since opening.
Signed lease for another concept Smoktree Supper Club, same center as Giuseppes. The concept is a grill your own venue with entertainment. This will be a very social type restaurant with community tables a 6foot by 2 foot grill, the menu is simple, a few steaks, chicken , burger, and an assortment of kabobs. The concept is both social, fun and value driven. I have 57.5K for TI from landlord and estimate approximately another 50K for FF&E along with liquor license, and marketing.
I have an opportunity to purchase a Vietnamese restaurant in the same center The cash needed for this will be 120K.
Next is Giuseppes The space is 1700 sq.ft. it has a hood, grease trap and walk-in. I will need 75K to finish this one.