Property ID : WSD24.312
For Sale $98,900.00 - Cafe-Coffee Shop, Restaurant
- A Beautiful and Modern Downtown Rochester NY Bistro and Coffee Shop
- It was newly built-out in late 2021 and has easy access to public parking
- Buyer has the option to keep the existing name and concept or starting their own
- The premises are 2,867 Square Feet with seating for up to 40 customers
- Currently specializes and is equipped to serve delicious breakfast and lunch meals
- It is currently open Monday – Fridays for 6.5 hours per day.
- It currently has a Wine and Beer License.
- There is a large separate party room to hold events for up to 50 people
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
- Furniture, Fixtures, and Equipment at a Fair Market installed value of $ 59,965
- Inventory at Cost of $ 5,000
Current Gross Rent is $ 4,000 per month
The current lease expires on June 30,2023 with Four 2-year options to renew
SALES AND SDE
1-1 thru 7-31-23 2023 Annualized 2022
Sales: $ 141,622 $ 242,781 $ 217,148
SDE: $ 21,827 $ 37,418 $ 1,812
- The asking price is $ 98,900
This is a beautiful Bistro located in a prime location with plenty of foot and vehicle traffic.
Extending the hours of operation or implementing a dinner menu will accelerate sales and profits of this Bistro