NAICS 722511

Full-Service Restaurants in Los Altos, CA

The 2 ZIP codes assigned to Los Altos contained 38 Restaurants establishments in 2023, of which 22 employed 10 or more people.

Establishments (2023)
38
2 ZIP codes
10 or more employees
22
Practical financing floor
Share of county
2%
Santa Clara County
City population
30,965
2025 estimate

Figures cover the ZIP codes the U.S. Postal Service assigns to Los Altos (94022, 94024). ZIP areas are not municipal boundaries: they can extend beyond city limits and are shared between neighbouring places. This is a count of establishments in Los Altos' ZIP codes, not a count of businesses inside its city limits.

Establishments by size

Employee-count distribution. For most buyers the businesses worth pursuing sit in the 5 to 49 range: large enough to have a manager and real systems, small enough to be owner-operated.

EmployeesEstablishmentsShareDistribution
1-4615.8%
5-9615.8%
10-191231.6%
20-49718.4%
50-9937.9%

How this market compares

Los Altos against every other city in California on the same measure. City figures cover the ZIP codes assigned to the place rather than its municipal boundary, so they are compared as a share of the businesses in those same ZIP codes rather than per resident. Cities with fewer than 500 businesses in total are left unranked.

Typical2.79% of local businesses, against 3.01% statewide

About the same slice of the local business base as the industry holds statewide.

Vs state share
-8%
Share of local businesses
Rank by count
#191
of 419 cities
Rank by share
#190
of 301 ranked
Since 2020
-12%
Change in establishments

This compares how much of Los Altos’s business base is full-service restaurants, against the California figure. Base: 1,363 establishments across all industries in the same ZIP codes, 2023. It does not measure revenue, profitability or whether a market is worth entering.

Business size mix

Los Altos is more consolidated than California as a whole: fewer micro-operators and a larger share of businesses with real headcount. Fewer targets, but the ones that exist are more likely to be financeable.

Share of establishmentsLos AltosCaliforniaDifference
Under 5 employeesOwner-operated, often no management layer15.8%23.5%-7.7%
5 to 49 employeesThe range most individual buyers target65.8%62.8%+3.0%
10 or more employeesPractical floor for acquisition financing57.9%52.8%+5.1%

Nearest comparable markets

The closest places to Los Altos that also have Restaurants establishments on record. Useful for spotting a gap next door, or realising the market you are looking at is already served from the town over.

MarketEstablishmentsVs state share
Mountain View85-5%
Palo Alto117+1%
Sunnyvale127+25%
Cupertino84+71%
Santa Clara158+14%

The wider Santa Clara County market

Employment and payroll are reported at county level only, so the figures below describe the county Los Altos sits in.

County establishments (2023)
1,703
Santa Clara County
County employees
31,792
Mid-March employment
County annual payroll
$1.2B
All establishments
Full Restaurants data for Santa Clara County

What acquirers look at

The highest-turnover category in the index and the weakest lending profile. Lease terms and liquor license transfer usually matter more than the P&L.

Other industries in Los Altos

Nearby cities

Sources

  1. U.S. Census Bureau, 2023 ZIP Code Business Patterns. Establishment counts and size distribution by ZIP code and NAICS, aggregated over the ZIP codes assigned to each city. Retrieved 2026-09-08.
  2. U.S. Census Bureau, 2023 County Business Patterns. Establishment counts, employment and annual payroll by NAICS. Retrieved 2026-09-08.
  3. U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages (2026Q1). Quarterly establishment counts and employment for employers covered by unemployment insurance. Retrieved 2026-09-08.