Seller's Contact Information
- RE: Fully Functional And Turn-key Restaurant
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
Asking Price: | $125,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | Not Disclosed | |
BBN Listing #: | 259811533 | |
Broker Reference #: | 4443 |
Business Overview:
Fully Functional and Turn-key Restaurant in Downtown Redwood City with Recent Modern Buildout
RRC# 4443
Location: Redwood City
Description:
Beautiful, modern restaurant space for sale in bustling downtown Redwood City. The location sees a lot of foot traffic during lunch and dinner hours, seven days a week. The space is close to other restaurants, retail, and offices. The interior was recently remodeled, and has a very contemporary look and includes a chef counter overlooking a glass enclosed kitchen. As part of the remodel, plumbing and sewage to the street were replaced, and the electricity was updated.
The restaurant that occupied this space is closed, and that concept is not part of the sale. This space is well-suited to a range of concepts.
The area is home to a number of offices and with recent new developments in the area which have signed new long term leases with large law firms as well as the Chan Zuckerberg Initiative bringing additional business to the already dense area. The fox theater and Cinemark movie theater are in close proximity.
The restaurant is equipped with the following; two type 1 hoods (14' and 10'), one on the front line kitchen and another in the back of house, two 6 burner range with oven, salamander, fryer, flat top grill, char grill, two 2 door under-counter refrigerator with prep stations, two door reach-in freezer, one door reach-in freezer, a walk-in refrigerator and security camera system. A full equipment list is available upon request.
There are two bathrooms, an upstairs loft area for employees, and office and additional storage. This upstairs loft can be converted to a prep area which would provide additional capacity for online and food delivery concepts. There is also a back patio which may be converted to an outdoor patio.
For more information please visit: https://www.restaurantrealty.com/listings/4443/
Financial Information:
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Annual Cash Flow: Contact For Info
Annual Payroll: Contact for Info
General Info:
Ownership: LLC
Established: 2021
Current Owner: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $10,649.17 NNN (currently $3,834.83)
Expiration: December 2031 plus Two 5 Year Options
Facilities:
Square Feet: 2,597
Seating: 60
Parking: Street Parking and Public Parking Lot
Licenses: ABC Beer and Wine, Business and Health Permit
Days/Hours of Operation: Contact for Info
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Square Feet: 2,597 Seating: 60 Parking: Street Parking and Public Parking Lot Licenses: ABC Beer and Wine, Business and Health Permit Days/Hours of Operation: Contact for Info
Reason for Selling:
Other Interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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