Property ID : LB22.172
For Sale $145,000.00 - Cafe-Coffee Shop
- 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.
- 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
Asking price is $145,000. Seller financing is available to a qualified buyer with $80,000 down.
- Easy to operate with only 32 open hours/week.
- Central location makes catering and delivery an endless opportunity for more revenue.