Property Details

New Lower Price for College Area Deli & Sub Shop - Monroe County

Property ID : LB22.223/SPL25.314

For Sale $140,000.00 - Restaurant

DESCRIPTION:

  • Deli and sandwich shop, located in a high traffic college area of Rochester, NY.
  • Superior, well-operated store in a prime location, serving students, families and businesses.
  • Established over 15 years ago; was another successful business for 30 years prior.
  • 2,250 square foot space consisting of 38 seats.
  • Large, fully functional kitchen and prep space; perfect for high daily volume and catering.
  • Menu includes subs (with in-house freshly made bread), wraps, plates and breakfast foods.

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

  • FF&E, valued at a cost of $50,000 is included and are in great condition and properly maintained.
  • Inventory, valued at cost of $3,000, is included.

 LEASE ARRANGEMENTS:

  • Gross rent is $3,300/month; tenant is responsible for a portion of the plaza snowplowing.
  • Lease expires 2/28/2031.

SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):

 

  2018 2017 2016
SALES $ 498,399 $ 455,569 $ 381,740
SDE $   63,895 $   39,645 $   30,808

 PRICE/FINANCING:

  • Asking price is $ 140,000.
  • Seller financing is available with $80,000 down

 COMMENTS:

  • Great opportunity for a new operator to get in to an already successful business and bring in fresh ideas.
  • Lottery and ATM proceeds bring in extra income.

Agent Lou Bellanca

  • Office : 585-247-4750

Lou Bellanca has been with AMD Business Brokers since 2009, bringing over 20 years of…
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