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Remodeled Restaurant & Bar in Outstanding Downtown Palo Alto Location

berkeley, California (Alameda County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $199,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established N/A
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

RRC# 1407 Offered at: $199,000 (NEW PRICE REDUCTION) Location: Palo Alto, California Revenue: $45,000 / month Listing Description: A newly remodeled restaurant in a prime downtown Palo Alto location with several hundred thousand dollars spent on remodeling. There is a large glass frontage, high ceilings, tile floors, a combination of banquette seats, booths and tables and chairs, a separate bar area and a display kitchen. There is a full kitchen with a prep kitchen, 2 ADA restrooms, storage areas, an office. Some of the equipment includes as follows: Aloha POS system with 2 monitors + 4 printers, 10' type 1 hood with fire suppression system, full door refrigerator, dishwasher, sink + rinse hose, ice machine mop sink, walkin refrigerator, 2 -1 door undercounter refrigerators , 3 compartment sink, rice maker and rice warmer, 2 utility sinks, 2 hand sinks, 2 microwaves, convection oven, 2 ovens, 3 door undercounter refrigerator + sandwich station, 2 refrigerator drawers + sandwich station, double basket fryer, 3 -2 door undercounter refrigerators (1 with 5 taps), 3 door undercounter refrigerator, ice bin, undercounter dishwasher, food warmer, 2' x 3' char grill, 6 burners, 6 refrigerator drawers, 1 refrigerator drawer + sandwich station, full door glass refrigerator, full door freezer, 2' ice cream freezer, 12 employee lockers, and wine racks, etc. Some of the equipment is rented. There is upside for Saturday and Sunday brunch/lunch. NO BROKER COOP General Information: Organization: LLC Seating: 80 approx Square Foot/Size: 2,100 + 1,000 upstairs Parking: Street parking + pakring lots License(s) Required: Business, ABC Type 47 (full liquor) Days Open/Hours: 7 / Lunch M-F 11a-2p Dinner: M-Th 5-9p, F, Sa, S: 5p-10p Lease Information: Lease Rent: $8,700 / month Lease Expiration: 2013 Lease Option: 5 years

Business For Sale By

Steven D. Zimmerman

415-945-9701

Restaurant Realty Company

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