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#6703
Santa Clara County

Cash Cow Asian restaurant for sale in Palo Alto

$186,000
Available
Cash Cow Asian restaurant for sale in Palo Alto



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17 years Established Chinese restaurant for sale in Palo Alto. Located 8 minutes from Stanford university campus. Authentic Sichuan cuisine with spicy flavors and vegan options in a no-frills space. Plenty of parking in back for customer. Lease amount is $8300. 80% of the business is take out only. Gross income a month is $50,000 not included cash. There is 16.5 feet type 1 hood, walk in cooler, grease interceptor outside in back, chest freezer, 5 wok, deep fryer, one door freezer and 2-door freezer and more

This is a Grand Realty Group listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Total Monthly Rent:
$8,300

Operations

# of Working Owners:
1
Year Established:
17
Hood System Type 1:
Yes

Facilities

Indoor Seating:
49
# of Parking Spots:
back parking lot
Inside Sq. Ft.:
1,200

Highlights

  • can convert
  • High Tech CEOs eat here

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 27,675 92,334 275,443
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 10,747 37,910 102,251
2010 Persons Per Household 2.46 2.30 2.55
Median House Value $1,000,000 $998,910 $943,348
Income Per Household $110,580 $103,799 $112,988
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,003 3,837 9,497
2012 Number Of Employees 20,192 203,164 416,766
2012 Total Annual Payroll $809,142,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.

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