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Cafe, Deli, Pizza Restaurant For Sale - Palo Alto, California
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Profile: Restaurant W/Large Patio, Unique Location, Low Rent, Catering Potential.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Pete Holstrom, Agent
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| Primary Phone: |
408-647-1123 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
1481168 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/19/09 |
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| Date Last Revised: |
11/17/09 |
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| BizBen Ad #: |
146015 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$145,000 |
| Down Payment: |
$120,000 |
| Annual Revenue: |
$440,000 |
| Annual Adjusted Net: |
$80,000 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Big Price Cut! Now Asking 145,000 - Restaurant & Deli – Palo Alto - Grossing ~440K/Yr. – Owners Want To Concentrate On Another Business. Established, Shady Neighborhood Shopping Center And Long Time Location. Low Rent - 8 Yrs. Remaining On Lease.
Residential Neighborhood. Also Surrounded By Existing Corporate Catering Clients.
Catering Is About Half Of Revenue. Alcohol Is Very Little.
3200sf At 1.91sf + 550.Nnn, + 1200sf Shaded Patio, Ample Parking, Flexible Landlord.
2 Full Menu Kitchens – Big Space Supports Catering And Pizza Delivery, As Well As Restaurant.
Pizza Ovens
16’ & 4’ Range Hoods - Type 1
Bakery Oven
Rotisserie Oven
Gyros Rotisserie
Substantial Amount Of Food Prep Equipment
40’ Of Display Cases
144sf Walk-In Refrigerator
Much More -
Beer & Wine License
This Close-In Location, Flexible Layout, And All-Purpose Menu Kitchen Restaurant Is The Ideal Setup For Any Operator Who Wants To Bring His/Her Own Menu And Concept Into This Wealthy Residential And Corporate Area. Owner Desires Sale Due To Current Family Issues and New Business Venture. Over 400K Invested In Assets. Low Rent With 8 Years Remaining On Lease Term. The New Owner Has The Opportunity To Build A Long Term Food, Beverage, Catering, And Pizza Business.
This can easily be a 100,000+/yr job for the new owner!!
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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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Pete Holstrom, Agent at 408-647-1123 Non Disclosure Agreement |
Business For Sale Photos
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