Hacienda Cantina & Beach Club is up for sale at $795K
The Hacienda Cantina and Beach Club in Palm Springs is up for sale. The business shuttered its doors in November and owners said they would only be open for private parties.
According to the Hughes Property website, the purchase price is $795,000.
The restaurant and bar received a $250,000 grant from the city of Palm Springs, but terms of that agreement stated the business would have to be open for a minimum of three years.
City officials are now responding due to the business not meeting that criteria.
City Manager David Ready said the city attorney indicated that officials would be enforcing the terms of the agreement that require a pro rata (in proportion) reimbursement, unless the city council agrees to transfer the agreement to a new owner, if and when that occurs.
Initial Report:
The owners of the Hacienda Cantina and Beach Club in Palm Springs were intending to retool their business in hopes of reopening to the public again, according to Palm Springs City Manager David Ready.
Ready spoke to owners Tuesday morning, a day after they announced they would be closing their doors.
According to Ready, ownership is in the process of applying to change their liquor license and business license to allow them to serve alcohol outside on the patio after 6 p.m., but that doesn’t include permission for live music.
Ready said if the business doesn’t reopen in the next few months, the city of Palm Springs will seek to recoup the $250,000 economic incentive grant Hacienda received upon opening, because the business would be in violation of the agreement’s clause of staying open to the public for three years. The business has only been open for a year and a half.
Original Report:
“To all our Facebook fans, friends, family, and supporters, we are sad that announce to Hacienda will be closed for regular daily business, effective today. We will be open periodically for private parties and events. Thank you for all the good times, amazing pool parties, fun taco Tuesdays, and for allowing us to be a part of the culture of Palm Springs. Thank you to our staff, DJs, event clients, and regulars. We love you all.”
Richard Meaney owns the Hacienda Cantina and is the developer who paid Mayor Steve Pougnet at least $200,000 as a business consultant for a company called Union Abbey. Meaney also received a 250-thousand dollar incentive grant from the city of Palm Springs.
