For Sale
$450,000

50949 Washington StLa Quinta, CA 92253

Established Brunch Spot, High Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional opportunity presents the chance to acquire a thriving restaurant and wine bar in the heart of La Quinta, California. Located at 50949 Washington Street, within the La Quinta Village shopping center, this Class B property enjoys a prime location across from City Hall. The business is renowned as La Quinta's go-to destination for breakfast and brunch, boasting a menu featuring locally sourced, high-quality, organic ingredients, including vegan options alongside traditional fare. A diverse beverage selection complements the menu, including unique teas, lattes, beers, and wines. Currently operating Monday 8:00 am - 1:30 pm and Thursday-Sunday 8:00 am - 1:30 pm, the business benefits from both charming interior seating and outdoor patio space. Significant sales growth potential exists through expanded operating hours. This asset sale includes all furniture, fixtures, and equipment (FF&E), a Type 41 liquor license, recipes, and the assignment of the lease agreement. The sale price encompasses both the restaurant and the owner's established catering business, although the restaurant can be purchased separately. The shopping center's strong tenant mix includes Grocery Outlet, Starbucks, Los Arcos Mexican Food, Basil Thai, Soul of China, and El Toro Loco, ensuring high foot traffic and visibility. This is a turnkey operation ready for a new owner to capitalize on its existing success and substantial growth potential. The property is situated at the Northwest corner of Washington Street and Calle Tampico.

Highlights

  • Thriving restaurant and wine bar for sale at 50949 Washington Street, La Quinta, CA, in the La Quinta Village shopping center, across from City Hall.
  • Asset sale includes all FF&E, Type 41 liquor license, recipes, and lease assignment. The sale also includes the owner's established catering business (restaurant can be purchased separately).
  • Prime location in a Class B shopping center with strong tenant mix including Grocery Outlet, Starbucks, and several restaurants, ensuring high foot traffic and visibility.

Property Details for 50949 Washington St

Property type
Class
B
Units
1

Location Insight

City
La Quinta
County
Riverside
State
California
Latitude
33.6786587
Longitude
-116.2968451
50949 Washington St, La Quinta, California

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50949 Washington St
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