Fast-casual style restaurant is for sale in a well-located spot in downtown Palo Alto. Adjacent to other restaurants and retail establishments in an affluent area, substantial foot and vehicle traffic transpires daily. The build-out features a modern, natural look that suits the concept and its location, and its stylish décor and open space evokes a warm and welcoming feeling for customers. The current concept is available; however, the space and location would also be an excellent opportunity for someone to introduce their own concept. The space is designed for a cafe format and currently has no type 1 hood, but one could be installed. A full equipment list is available upon request.

General Info

  • OrganizationCorporation
  • Established2014
  • Current OwnerContact for Info
  • EmployeesContact for Info
  • Reason For SaleOther Interests

Facilities

  • Seating30
  • Square Feet1,350
  • ParkingParking Lot and Street Parking
  • LicensesHealth and Business Permit
  • Open Hours8am - 4pm daily

Lease

  • Rent$6,422 + NNN
  • Expiration2027
  • Yearly IncreaseContact for Info
  • Option5 Year Option
  • DepositNegotiable

Financials

  • Monthly Revenue$48,239
  • Monthly Cash FlowContact for Info
  • Annual Revenue$578,869
  • Annual Cash FlowContact for Info
  • PayrollContact for Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location