Sushi & Japanese Restaurants, Other Restaurants & Food
Active
Turnkey restaurant in Prime Palo Alto location
Palo Alto, Santa Clara County, California, United States
Asking Price$340,000
Revenue-
EBITDA-
Cash Flow-
Description
"Please inquire about this listing through the contact form. Upon request, a Non-Disclosure Agreement (NDA) will be promptly emailed to you."
#1049
Area: Palo Alto
Asking Price:$340,000
Base Rent: $15,619.39/mo
NNN: $1,071.92/mo
Lease Term: Ends on December 31, 2028
Option Lease Term: Negotiable, subject to the landlord’s consent.
Size: 2,675 sq ft
Annual Rent Increase: 3%
Percentage Rent: 5%
Security Deposit: $10,000.00
Business Established: 2015
Seating Capacity: 77
Liquor License: Type 41 (On-Sale Beer & Wine - Eating Place)
Parking: Street parking
Reason for Selling: Withdrawal from the US market
Here's a rare chance to take over a fully built-out restaurant in the heart of downtown Palo Alto's main dining corridor. The ±2,675 SF space seats 77 guests and comes ready to operate. It has an extensive Type-1 hood system (9', 12' and 13' sections) plus a Type-2 hood, a walk-in cooler, an above-ground grease trap, two restrooms and a Type 41 beer and wine license. Most of the costly infrastructure is already in place, so a new operator can skip a ground-up build-out and put money into their own concept instead. It's a flexible canvas for a fast-casual brand, a chef-driven full-service restaurant or a growing multi-unit operator looking for a Peninsula flagship. Operators can come in, rebrand, and open to one of the Bay Area's most affluent and highest-traffic dining markets.
Real Estate
Rent is $15,619 per month
Building Size: 2675 sq. ft.Year Established
2015
Reason Selling
Withdrawal from the US market
Facilities & Assets
(3) Type-1 hoods; 9ft; 12ft, 13ft
(1) Type-2 hood; 3’ 6”
Above ground grease trap
2 Restrooms
Walk-in cooler
Financing Options
Cash Only
Business listed by
JRC Advisors by eXp Commercial
Photo May 07 2025 11 29 19 PM (4).png)