Property Details

DESCRIPTION:

• 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

 LEASE ARRANGEMENTS:

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

 PRICE/FINANCING:

• The asking price is $ 98,900

 COMMENTS:

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