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Asking Price: $295,000

Prime Modern Restaurant for Sale in Redwood City

Redwood City, CA
San mateo County

Prime Modern Restaurant for Sale in Downtown Redwood City with Type 47 Liquor LicenseRRC# 4801Location: San Mateo CountyDescription: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!Financial Information:Monthly Revenue: $122,296 Monthly Cash Flow: Contact For Info Annual Revenue: $1,467,554 Annual Cash Flow: Contact For Info General Info:Ownership: LLC Established: 2015Employees: Contact For Info Reason For Sale: Other InterestsMonthly Rent: $10,168.25 (All-In) Expiration: November 2025 plus 10 Year Option Facilities:Square Feet: 2,128Seating: Inside 55 Outdoor 32 Parking: Street Parking and Public Parking Lot Licenses: ABC Type 47, Business and Health Permit Days/Hours of Operation: 5pm - 9pm Tuesday - Thursday, 5pm - 10pm Friday and Saturday

Cash Flow Not Disclosed
Revenue $1,467,554

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