Discover an unparalleled opportunity to own a modern restaurant and bar in the heart of bustling downtown Redwood City. This prime location, featuring a full liquor - Type 47 ABC license, is a gem for any restaurateur looking to make a mark. Key Features: Prime Location: Situated in the vibrant downtown area, this restaurant benefits from high foot traffic during both lunch and dinner hours, seven days a week. Excellent Patio Space: Enjoy a dedicated patio that offers an inviting outdoor dining experience. Contemporary Interior: The interior boasts a sleek, contemporary design, creating a chic atmosphere that will impress your patrons. Proximity to Attractions: Located near popular destinations such as the Fox Theater and Cinemark movie theater, the restaurant draws a diverse crowd from the surrounding entertainment and retail hubs. Turnkey Operation: Fully equipped and ready for immediate operation, this space is perfect for launching your next great concept. Thriving Area: Surrounded by offices and new developments with long-term leases, ensuring a steady stream of potential customers. Whether you're looking to continue the current success or introduce a new dining concept, this space offers flexibility and a prime location to grow your business. Don't miss out on this rare opportunity to own a turnkey restaurant in one of Redwood City's most desirable areas. For more information or to schedule a viewing, contact us today!

General Info

  • OrganizationLLC
  • Established2015
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingInside 55 Outdoor 32
  • Square Feet2,128
  • ParkingStreet Parking and Public Parking Lot
  • LicensesABC Type 47, Business and Health Permit
  • Open Hours5pm - 9pm Tuesday - Thursday, 5pm - 10pm Friday and Saturday

Lease

  • Rent$10,168.25 (All-In)
  • ExpirationNovember 2025
  • Yearly IncreaseContact For Info
  • Option10 Year Option
  • Deposit$9,146

Financials

  • Monthly Revenue$122,296
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,467,554
  • Annual Cash FlowContact for Info
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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.

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