Taverna

What Taverna does

Taverna is a privately held Greek farm-to-table fine dining restaurant founded in April 2018 by longtime friends Thanasis Pashalidis and Hakan Bala. The business operates from a primary location at 800 Emerson St in downtown Palo Alto, California, with a second location in Portola Valley, and serves lunch, dinner, and weekend brunch daily. Its core offering is authentic Greek cuisine prepared with traditional cooking methods and farm-to-table sourcing, complemented by a full bar with fine wine, dessert, and kids menus.

The restaurant extends beyond standard fine dining through three tiers of private dining rooms (Small up to 25 guests, Medium up to 40 guests, Large up to 70 guests) equipped with professional audio-visual infrastructure — a 2,000-watt audio system, HD projector, and 120-inch screen — that supports corporate events, wedding receptions, and celebrations. Large-party family-style menus are priced at $65 for lunch and $85, $99, or $125 per person for dinner, while PDR bookings carry minimum spends ranging from $1,500 to $10,000 depending on room and daypart. Additional revenue is captured through online ordering for pickup via the Order Online platform and gift card sales through Toast Tab.

Taverna generates revenue through four streams: dine-in service, online ordering/takeout, private event bookings, and gift card sales. Its go-to-market is direct-to-consumer across a single domestic market (California), relying on organic digital presence (website, SEO), OpenTable reservations, and social media to drive awareness. The customer base is segmented across local Palo Alto/Bay Area diners, private event bookers (corporate and celebratory), and weekend brunch patrons — with no named enterprise anchor customers disclosed and the customer mix distributed across consumer and occasional B2B occasion use cases.

Name

Taverna

Legal name

Taverna

Website

https://tavernarestaurant.net

Company type

Private

Founded year

2018

Operating status

Operating

Short description

Taverna is a privately held Greek farm-to-table fine dining restaurant founded in 2018 in Palo Alto, California, with a second location in Portola Valley. It serves lunch, dinner, and weekend brunch, plus three tiers of private dining rooms for corporate events and celebrations.

Ownership category

akta.pro rank

Product category

Greek Fine Dining Restaurant

NAICS

Full-Service Restaurants (722511), Caterers (722320), Food Services and Drinking Places (722)

SIC

Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)

akta.pro primary industry

Fine Dining Restaurants (THAFACAA)

akta.pro secondary industry

Venue & Banquet Hall Catering (THAFAIAC)

Keywords

• Greek fine dining
• Farm-to-table restaurant
• Private event dining
• Greek cuisine restaurant
• Large party dining

Headquarters

HQ city

Palo Alto

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Dine-in Restaurant Service: Traditional restaurant revenue from serving dine-in customers during lunch, dinner, and weekend brunch service. Offers multiple menu options including lunch, dinner, fine wine, dessert, and kids menus.
2. Online Ordering / Takeout: Online ordering platform for customer pickup through Toasttab integration.
3. Private Event Dining: Revenue from private dining room bookings with minimum spend requirements. Three tiered PDR options (Small/Medium/Large) with per-person fixed menus for large parties. Family-style service for parties of 8 or more.
4. Gift Cards: Gift card sales through Toasttab platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Taverna operates a Greek farm-to-table fine dining restaurant at 800 Emerson St in downtown Palo Alto (with a second location in Portola Valley), serving lunch Monday through Friday, dinner daily, and weekend brunch. The restaurant offers an authentic Greek menu, fine wine, dessert and kids menus, online pickup ordering via Order Online/Toasttab, gift cards, and three private dining rooms (Small up to 25, Medium up to 40, Large up to 70 guests) with professional AV equipment for corporate events, celebrations, and family gatherings.

Product overview

Taverna is a single-location Greek farm-to-table fine dining restaurant in downtown Palo Alto, California. The restaurant operates as a unified offering combining dine-in lunch, dinner, and weekend brunch services with private dining room rentals (PDRs) in three sizes for events. Additional services include large party family-style dining packages at various price points ($65-$125), online ordering for pickup, and gift cards. The restaurant is co-founded by Thanasis Pashalidis and Hakan Bala and opened in April 2018.

Differentiator

Problem solved

Functional benefit

Products and services

• Taverna Greek Fine Dining Restaurant Greek farm-to-table fine dining restaurant in downtown Palo Alto (with a second location in Portola Valley) serving authentic Greek lunch, dinner, weekend brunch, fine wine, dessert, and kids menus to local diners and Bay Area visitors.
• Private Dining Rooms (PDRs) Three AV-equipped private dining spaces (Small up to 25 guests, Medium up to 40 guests, Large up to 70 guests) with a 2,000-watt audio system, HD projector, 120-inch screen, Apple TV, and bar access, available for corporate events, wedding receptions, celebrations, and intimate gatherings, booked via a dedicated events manager.
• Online Ordering (Pickup) Pickup ordering service allowing customers to order Taverna food for collection at 800 Emerson St, Palo Alto, via the Order Online platform.
• Gift Cards Digital and physical Taverna gift card products available for purchase through the Toasttab platform for use at the Palo Alto restaurant.

Quantifiable outcome

• NYC Native rated TAVERNA exceptional with 5-star OpenTable review citing delicious food, gracious service, and lively ambience

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Regional players

• PRESS Restaurant: Fine dining steakhouse in Napa Valley. Comparable as a regional Northern California premium dining venue with comparable per-check price points, private dining, and a similar wine/celebration-driven customer base drawn from Bay Area affluent travelers.
• The Village Pub: Upscale fine dining restaurant in Woodside, California. Comparable as a Peninsula-based premium dining destination serving an overlapping Bay Area affluent clientele with similar per-check price points and reliance on local corporate/private event demand.
• Selby's: Fine dining restaurant in Atherton, California. Comparable as a Peninsula-based upscale dining venue targeting the same high-net-worth local community with similar per-cover price points, private dining capabilities, and corporate event demand.

Emerging players

• Souvla: Greek-inspired fast-casual restaurant group with multiple Bay Area locations. Comparable as a Bay Area Greek-cuisine brand operating at a different price point but leveraging the same Greek culinary heritage and Peninsula customer base, and serving as a reference point for Greek brand extension.

Direct peers

• Kokkari Estiatorio: Long-standing Greek fine dining restaurant in San Francisco's Financial District. Directly comparable as an established upscale Greek concept with private dining, premium pricing, and a similar farm-to-table Mediterranean positioning targeting Bay Area professionals and corporate events.
• Evvia Estiatorio: Greek fine dining restaurant located in Palo Alto, California. Directly comparable as another upscale Greek concept in the same city serving a similar Peninsula fine dining clientele with lunch, dinner, and private event offerings.
• Nopa: Farm-to-table restaurant in San Francisco specializing in rustic, wood-fired cuisine. Comparable as another Bay Area farm-to-table fine dining operator with similar per-person price points, weekday/weekend brunch service, and a comparable local-professional clientele.
• Zuni Cafe: Iconic San Francisco farm-to-table restaurant with wine bar and cafe service. Comparable as a long-running Bay Area farm-to-table fine dining operator with similar wine-forward positioning, prix-fixe-style offerings, and a similar institutional/celebrity review profile.

Broad incumbents

• Il Fornaio: Italian fine dining restaurant group with Bay Area locations including Palo Alto. Comparable as a multi-location upscale Italian fine dining operator in the same Palo Alto market serving a similar professional/lunch clientele with comparable per-person price points.
• Spruce Restaurant: Established fine dining restaurant in Presidio Heights, San Francisco. Comparable as a longstanding Bay Area upscale dining destination with similar wine program, private event offerings, and a comparable affluent-professional customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/tavernarestaurantpaloalto
• LinkedInlinkedin.com/company/tavernarestaurant

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Taverna