Description About This Posting: Steakhouse Restaurant
Profitable Downtown Redwood City Location; Steakhouse with Patio; 1.4 Million Sales
Asking Price: Offered At $399,900
Location: San Mateo County
Annual Revenue: $1,389,587
Annual Cash Flow: $115,048
Monthly Rent: $16,103
Established steakhouse on a busy thoroughfare in the downtown area of a Redwood City. The location is situated near retail, offices, and other restaurants, and is within walking distance of residential areas. There is inside seating for 140 and an outside patio for 20 with umbrellas and headlamps. The location is open for lunch and dinner 7 days a week with lots of offices in the area making way for strong lunch business coupled with high residential and families in the area for solid dinner business. There is an opportunity to increase revenue by expanding the cocktail program.
The restaurant has an open air fully equipped kitchen with two 8' hoods on the front line and a wood burning oven, steak broiler and a 6' grill. The front line is also equipped with a two door reach-in refrigerator, steam table, 8 burner stove with oven, a total of four 2 door under-counter refrigerators with prep station, fryer, salamander, multiple hand-washing sinks and video screen order in system.
The kitchen is very large and has an employee area, large dry good storage and a huge walk in refrigerator with walk in freezer. connected. The kitchen also has an 8' hood with Rational convection oven, 4 burner stove and oven, two stock pot burners, slicer, chest freezer, ice machine, hand-washing sinks, prep sink, 3 compartment sink area with dishwasher. There is an office area and two restrooms.
Current Owner: 2012
Employees: Contact For Info
Reason For Sale: Other Interests
To get more information about this Steakhouse Restaurant business for sale in
San Mateo County please phone Steve Zimmerman (Intermediary, Broker - BRE License #:01310250) at 415-945-9701 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #252329 on BizBen.com. In addition to phoning
Steve Zimmerman, make sure you email Steve Zimmerman above to get more info about this
Steakhouse Restaurant, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.
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