Hot Listing
"Downtown Palo Alto" Restaurant for SALE with Cheap Rent!
Business Description
This restaurant is located in Downtown Palo Alto near El Camino Park, Apple Palo Alto, and Johnson Park. It's a busy area that gets constant high foot traffic with lots of opportunities to grow.
A great opportunity for a seasoned operator or new business owner to take over the food/ restaurant business.
Size: 900SF Plus additional back yard patio area
Additional rear patio space for outdoor events / seating
Base rent: $6,888 + NNN ($700) (Property tax and property insurance, mgmt fees included)
Tenant pays water, trash, and utility
Lease term: 8 year remaining
Option Term: 5-year option
Type 1 Hood: 6 feeet
Asking Price: $199,000
*For further details, please inquire today via email or call Riki~Restaurant broker to schedule an appointment to see this restaurant location.
*Pictures in the advertisement are not meant to depict the actual business for sale, it's to give the prospective buyer a frame of reference for the various types of business concepts. All credits to the rightful owner.
A great opportunity for a seasoned operator or new business owner to take over the food/ restaurant business.
Size: 900SF Plus additional back yard patio area
Additional rear patio space for outdoor events / seating
Base rent: $6,888 + NNN ($700) (Property tax and property insurance, mgmt fees included)
Tenant pays water, trash, and utility
Lease term: 8 year remaining
Option Term: 5-year option
Type 1 Hood: 6 feeet
Asking Price: $199,000
*For further details, please inquire today via email or call Riki~Restaurant broker to schedule an appointment to see this restaurant location.
*Pictures in the advertisement are not meant to depict the actual business for sale, it's to give the prospective buyer a frame of reference for the various types of business concepts. All credits to the rightful owner.
About the Business
- Facilities & Assets
- Fully built out, newly built in 2022. Contemporary and with new ADA compliant restroom.
- Market Outlook / Competition
- Fully Turn key 2nd generation for sale near Downtown Palo Alto.
- Opportunities for Growth
- Social Media apps working with online 3rd party companies for delivery and pick up to increase business exposure and sales volume.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 900
- Rent
- $6,888.00 per month
About the Sale
- Seller Motivation
- retirement
- Financing Options
- open for discussion
Listing Info
- ID
- 2398613
- Listing Views
- 685
Listing ID: 2398613 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleCalifornia Businesses for SaleCalifornia Food & Beverage Businesses for SaleCalifornia Restaurants Businesses for Sale
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