Property Details

Bakery and Cafe with Catering Service - Monroe County

Property ID : SPL25.254

For Sale $100,000.00 - Bakery, Cafe-Coffee Shop, Catering

DESCRIPTION:

  • A Bakery and Café located in a trendy section within the City of Rochester NY
  • It offers catering services which account for 60% of their sales
  • Has been in business since 1983
  • It has a very loyal clientele and repeat customers
  • Is open daily for lunch and dinner
  • Menu consists of delicious Pastries, Deli Sandwiches, Salads, and Soups

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

  • Furniture, Fixtures, Equipment and Vehicle at a Fair Market installed value of $ 50,000
  • Inventory at Seller’s Costs of $ 1,000

 LEASE ARRANGEMENTS:

              Gross Rent is $ 1,625 per month. A 3-5-year lease term will be offered to the Buyer of this business.

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                                           2016                         2015

Sales:                         $ 213,735         $              214,222

Cash Flow (SDE):       $   49,203         $     39,889

 PRICE/FINANCING:

       The Asking Price is $ 100,000. Seller Financing is available with $ 60,000 to a qualified Buyer

 COMMENTS:

A great owner /operator business, currently in business for 34 years with a good cash flow. Increased revenues can be obtained with advertising, social media, and marketing. The owner is looking to retire.

Agent Stuart Levy

Stuart-Levy1
  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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