#5764
Santa Clara County

Established Thai restaurant for sale in Downtown palo Alto

$120,000
In Contract
Established Thai restaurant for sale in Downtown palo Alto



ADD TO FAVORITE

27 years established Thai restaurant for sale in Downtown Palo Alto. This authentic, unique Thai restaurant is located in prime spot in downtown Palo Alto surrounded by upscale restaurants, Starbucks, Apple Store, and many shops. Stanford University and Stanford shopping center is just blocks away. Pre-Covid Yearly sales between $1,200,000 - $1,400,000. It is approximately 2000 square feet and 500 square feet balcony. Full kitchen with 14.5 feet type 1 hood, beer and wine license. Lease is $20,000 a month all inclusive. Please call me for a private showing.

This is a The Real Estate Discount Concept listing.
Commercial Realtor Tommy Tran DRE License #01439113

Lease

Region:
Santa Clara County
Lease Term:
There is 2 years left on lease
Total Monthly Rent:
$20,000

Financials

Last Year's Annual Gross:
$1,400,000

Operations

Liquor License:
41
# of Full-Time Employees:
6
# of Working Owners:
2
Year Established:
27 years
Hood System Type 1:
Yes

Facilities

Indoor Seating:
82
# of Parking Spots:
street parking
Inside Sq. Ft.:
2000+

Highlights

  • Can convert
  • SBA loan approved

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 17,384 153,237 183,719
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 7,579 55,169 67,533
2010 Persons Per Household 2.20 2.64 2.58
Median House Value $1,000,000 $990,114 $927,681
Income Per Household $122,473 $107,577 $105,742
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,313 5,513 6,699
2012 Number Of Employees 36,700 262,466 350,734
2012 Total Annual Payroll $1,775,217,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

The information contained in this offering profile was provided by the Seller and is believed to be accurate. EXP Commercial of California, Inc  its agents, brokers, managers, employees have not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness whatsoever.  You are responsible for performing a thorough due diligence of the business before consummating a transaction. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer.  Please note: (1) Sq. ft. is estimated (2) Annual Payroll is last year's and does not include any owner wages. 

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