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#6664
California

Mediterranean and Gyros restaurant for sale in Redwood City

$230,000
Available
Mediterranean and Gyros restaurant for sale in Redwood City



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Established Mediterranean restaurant for sale in Redwood City. Cozy Mediterranean spot with Turkish decor offering falafel wraps and kebabs. Really charming spot in the middle of a commercial district. Super clean and cute inside. Located close by to pet hospital and few blocks from Costco, CVS pharmacy, 600 apartment units, many body shops They do a booming business with takeaway orders and tables were nicely populated with people coming in for lunch. Approximately 1800 square feet with front patio for more seating. Lease amount is $5209.00. The place is averaging $40,000 in sales without cash. There is walk in cooler, walk in freezer, 14 feet type 1 hood, meat grinder, gas grill, 2 gyro machine, deep fryer, 4 burner stove with oven, cold display case, 2-door under counter + topping bar and more

This is a Grand Realty Group listing.
Business brokering-Industrial-Retail-Leases Tommy Tran DRE License #01439113

Lease

Region:
California
Lease Term:
There is 10 years left + 5 yr option
Total Monthly Rent:
$5,209

Operations

# of Part-Time Employees:
4
# of Working Owners:
1
Hours Open:
closed Sunday - open from 11-8pm
Year Established:
5 years
Hood System Type 1:
Yes

Facilities

Indoor Seating:
36
# of Parking Spots:
street
Inside Sq. Ft.:
1,800

Highlights

  • can convert

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 33,527 196,898
Households 3-mi. 5-mi
2010 Number Of Households 8,734 70,276
2010 Persons Per Household 3.39 2.65
Median House Value $453,300 $825,061
Income Per Household $52,818 $105,796
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,533 6,629
2012 Number Of Employees 57,640 248,044
2012 Total Annual Payroll $2,621,105,000 $4,294,967,295

click for more demographic info

Disclaimer

This information has been secured from sources we believe to be reliable but we make no representations, warranties, express or implied, as to the accuracy of the information. Listing broker has been given enough information to provide only a preliminary interest in the property. The materials are not to be considered fact. The information contained herein is not a substitute for thorough due diligence investigation. References to square footage, zoning, use, or age are approximate. Any renderings should be considered conceptual in nature and such renderings do not represent the current condition or what can or may be done to the property. Neither broker or landlord represent that this space is suitable for your use. Tenant or Buyer must verify the information at their own expense and bears all the risk for any inaccuracies.

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