Cafe, Deli, Pizza Restaurant For Sale - Palo Alto, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Palo Alto |
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| County: |
Santa Clara |
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| City: |
Palo Alto |
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| Financial Information |
Detailed Information |
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| Price: |
$149,000 |
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| Down: |
$125,000 |
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| Revenue: |
$440,000 |
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| Adj. Net: |
$80,000 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
Call |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Palo Alto Cafe, Deli, Pizza Restaurant Business For Sale:
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Over 350K Invested In This Permitted, Licensed, and Operating Palo Alto Restaurant. Asking 145,000 for Entire Business. Currently Grossing ~440K/Yr. - Owners Want To Concentrate On Another Business. Prior to current owners purchasing it in 2006, this restaurant kept 7 delivery vans busy nearly every day. Nowadays - Yelp reviews are off, catering business is way down, and most business is from breakfast and lunch. This is in an Established Upscale Residential and Corporate Area with a proven record of success. Includes a common Patio. Low Retail Rent - 2 years, plus 5 year option remaining on lease. 2600SF + 1200sf Shaded Patio, Ample Parking, Easy Access, Flexible Landlord. 1 Large, Full Capability Kitchen for Catering, Restaurant, and Deli Operation 2d Pizza Kitchen - for Current Pizza Menu and Delivery 16', 5', & 8' Range Hoods - Type 1 Bakery Oven Rotisserie Oven Gyros Rotisserie Large Amount Of Food Prep Equipment 24' Of Deli Display Cases 80SF Walk-In Refrigerator More - - Beer & Wine License This restaurant needs a new owner. Current space and resources should be supporting a much larger operation. All the pieces are here. Likely will need a physical update. Also, although in a retail space, many people have commented on its excellent facilities and location as a catering kitchen - which it has some history as. If interested, please call to see business and neighborhood. Please Email Or Call For NDA. Training, All Assets, Non-Compete Included In Sale. This Information Has Been Supplied To Broker By Seller. Broker Expressly Disclaims Any And All Liability For Representation Of Warranties, Expressed Or Implied, Contained In Such Information, Or For Omissions From Them. Broker Believes Such Information To Be Correct, But Has Not Verified Or Checked It. Any Agreement Or Decision By Buyer To Pursue A Transaction Regarding This Business Should Be Based On Further Investigation By The Buyer.
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Cafe, Deli, Pizza Business For Sale Photos
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Cafe, Deli, Pizza Restaurant Business Opportunity For Sale, Palo Alto, California, CA | BizBen
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