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Asking Price$125,000
RevenueUndisclosed Established2021
Cash FlowUndisclosed EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
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
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
Training/Support:Yes
Sale Reason:Other Interests
Ad #141850
Seller Reference #4443
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Contact This Seller
Steven D. Zimmerman, CBI, M&AMI, CBB, FIBBA
Restaurant Realty Company
888-995-9701
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