Franchise Restaurant
For Sale
$1,700,000
855 El Camino Real, Palo Alto, CA 94301
For sale multi-unit California restaurant franchise with some transferable leases, subject to franchisor approval.
Property Size1,800 SF
Days on Market50
Property Features for 855 El Camino Real
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Building Size
1,800 SF
Listing Agency:
eXp Commercial LLC
(502) 640-3622
Listed By:
Sam Griffin, CCIM, CBI, NACREP · License #KY #207824
(502) 640-3622
Source:
7s
Added: Jun 24
Changed: Aug 12
Last Checked: Aug 12 at 3:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Commercial LLC
Investment Insights
Based on property information with market context.
This offering represents thirteen franchise restaurant locations in California, comprised of conventional restaurant operations and marketed as restaurant and retail space. The package includes a weighted store-level Adj EBITDA of $510,865. The seller notes that some leases may be transferable, while certain items are not included in the calculation, including G&A. Inventory and cash on hand are also not included, and any transfer fee(s) are not included.
The portfolio is split across Northern and Southern California, with 11 locations in Northern California and 2 in Southern California. Franchisor approval is required as part of the transfer process. The disclosed qualification parameters include a minimum net worth requirement of $300,000 to $500,000 and liquid capital of $120,000 to $150,000. The transaction is for sale, with the listing address shown as 855 El Camino Real, Palo Alto, CA.
This structure can be a fit for an operator or ownership group seeking to acquire a multi-unit franchise restaurant platform where lease transferability is a consideration. Prospective buyers should plan for franchisor approval and be prepared to meet the stated net worth and liquid capital requirements as part of the transfer process.
The portfolio is split across Northern and Southern California, with 11 locations in Northern California and 2 in Southern California. Franchisor approval is required as part of the transfer process. The disclosed qualification parameters include a minimum net worth requirement of $300,000 to $500,000 and liquid capital of $120,000 to $150,000. The transaction is for sale, with the listing address shown as 855 El Camino Real, Palo Alto, CA.
This structure can be a fit for an operator or ownership group seeking to acquire a multi-unit franchise restaurant platform where lease transferability is a consideration. Prospective buyers should plan for franchisor approval and be prepared to meet the stated net worth and liquid capital requirements as part of the transfer process.
Key Highlights
- 13 franchise restaurant locations in California (11 in Northern CA, 2 in Southern CA)
- Weighted Adj EBITDA (store level) of $510,865
- Some leases are transferable; franchisor approval required
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,927
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94301, CA
17,299
Population
8,220
Households
2.1
Avg Household Size
44
Median Age
83%
College-Educated
96%
High-School Grad
2.4 sq mi
ZIP Area
7,208
Density / Sq Mi
$235,529
Median Household Income
$136,514
Median Earnings
$3,290
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale multi-unit California restaurant franchise with some transferable leases, subject to franchisor approval.
Where is this conventional restaurant located?
The property is located at 855 El Camino Real Palo Alto, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 13 franchise restaurant locations in California (11 in Northern CA, 2 in Southern CA); Weighted Adj EBITDA (store level) of $510,865; Some leases are transferable; franchisor approval required
