Property Details

Deli/Cafe Inside Medical Building - Monroe County

Property ID : LB22.172

For Sale $145,000.00 - Cafe-Coffee Shop

DESCRIPTION:

  • Successful, profitable Deli/Café, located inside a Medical Building in Downtown Rochester.
  • Established over 7 years ago; current owner is ready to retire.
  • Serving sandwiches, salads, soups and grill items.
  • 1,000 square foot space consisting of a prep/service area and kitchen. Basement storage area consisting of approximately 250 square feet.
  • Steady foot traffic of over 500 medical employees and other professionals.
  • Currently operating Monday-Friday 8 am-2:30 pm.

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

  • FF&E, valued at $2,000. Large portion of the equipment is owned by the Landlord with an agreement to use, maintain and repair.
  • Inventory at cost, valued at $1,500.

 LEASE ARRANGEMENTS:

  • Grosse rent is $732/month and includes utilities.
  • Current lease expires in 2021.

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                                           2016                         2015                 2014

Sales:                          $ 287,406        $            287,631         $ 301,970

Cash Flow (SDE):     $   80,577        $               75,377         $    76,924

 PRICE/FINANCING:

            Asking price is $145,000. Seller financing is available to a qualified buyer with $80,000 down.

 COMMENTS:

  • Easy to operate with only 32 open hours/week.
  • Central location makes catering and delivery an endless opportunity for more revenue.

 

Agent Lou Bellanca

Lou-Bellanca1
  • Office : 585-247-4750

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