Absentee Turnkey Cafe, w/Strong Lease in an Upscale Neighborhood

, California 5 views 0 favorites

Financial Highlights
Asking Price
$129,000
Business Description

Absentee Turnkey Cafe, w/Strong Lease in an Upscale Neighborhood in Redwood City! RRC#: 4216 Asking Price: $129,000 Location: Redwood City, California Annual Revenue: Contact for Info Annual Cash Flow: Contact for Info Monthly Rent: $5,000 All Inclusive Expiration: Dec 31, 2025 plus 1 5-yr option Listing Description: 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 Information: Organization: Inc Year Established: 2021 Employees: 3 Reason For Sale: Other Interests Financial Information: Monthly Revenue: $40,000+/month Monthly Cash Flow: Contact for Info Annual Revenue: Contact for Info Annual Cash Flow: Contact for Info Annual Payroll: Contact for Info Facilities: Square Feet: 1,027 Seating: 40+ inside 6-8 outside Parking: Dedicated Parking Lot for tenants Days/Hours of Operation: Lunch 11-2pm, Dinner 5-9pm (closed Mondays) Location: Redwood City, California Year Established: 2021 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 1,027 Rent: $5,000.00 Per Month Facilities: Square Feet: 1,027 Seating: 40+ inside 6-8 outside Parking: Dedicated Parking Lot for tenants

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 2 weeks ago

Views: 5

Favorites: 0