This cute cafe space, with Beer&Wine license, was recently upgraded with focus on improving the kitchen and front of house aesthetics.  There is a small open dining room and space for limited seating outside on the walkway.  It is ideally located in an affluent, safe and clean strip mall in Redwood City.   This idyllic neighborhood locals frequent the neighboring restaurants, deli, coffee shop and the high-end natural grocer across the street.    The strong lease has more than 8 years left with a monthly All-Inclusive rent of $5000.    The business is run absentee by the small team.  Currently, the business operates six days a week for lunch and dinner.  There is strong takeout or delivery potential here!   This location is priced to sell fast so please reach out now!

General Info

  • OrganizationInc
  • Established2021
  • Current Owner2020
  • Employees3
  • Reason For SaleOther Interests

Facilities

  • Seating40+ inside 6-8 outside
  • Square Feet1,027
  • ParkingDedicated Parking Lot for tenants
  • LicensesABC Type 41, health & business certificate
  • Open HoursLunch 11-2pm, Dinner 5-9pm (closed Mondays)

Lease

  • Rent$5,000 All Inclusive
  • ExpirationDec 31, 2025 plus 1 5-yr option
  • Yearly IncreaseNone, Monthly Rate goes by $150/month in 2024
  • Option1 -5yr Option
  • Deposit$4,500

Financials

  • Monthly Revenue$40,000+/month
  • Monthly Cash FlowContact for Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • Payroll$Contact for Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location