Hot Listing

"Downtown Palo Alto" Restaurant for SALE with Cheap Rent!

Asking Price$199,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Hot Listing

"Downtown Palo Alto" Restaurant for SALE with Cheap Rent!


Asking Price$199,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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.
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
717

Contact Seller

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Business Listed by: Riki Tang ~ Restaurant Broker Vista Investment & Realty

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.


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