Property Details

Deli/Cafe Inside Professional Building - Monroe County

Property ID : LB22.171

For Sale $114,000.00 - Cafe-Coffee Shop

DESCRIPTION:

  • Successful, profitable Deli/Café, located inside a Professional Building in Downtown Rochester.
  • Established over 20 years ago. Operated by current owner for 11 years who is ready to retire.
  • Serving sandwiches, salads, soups and grill items.
  • 3,000 square feet space consisting of a prep line, full kitchen and large basement for storage and dish cleaning.
  • Comfortable seating for 80 in a large atrium of the building
  • Steady foot traffic of professionals working downtown.
  • Simple weekly catering arrangements with some local establishments bring in great revenue.
  • Currently operating Monday-Friday 8 am-2:30 pm.

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

  • FF&E, valued at $30,000
  • Inventory at cost, valued at $1,500.

 LEASE ARRANGEMENTS:

  • There is no charged rent for this business.
  • Current lease is month-month; any accepted offer would be contingent upon Buyer receiving a long-term lease.

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                                           2016                        2015                 2014

Sales:                          $ 287,305        $            300,122         $ 321,155

Cash Flow (SDE):     $   60,988        $               56,489         $    41,677

 PRICE/FINANCING:

            Asking price is $114,000. Seller financing is available to a qualified buyer with $60,000 down.

 COMMENTS:

  • Easy to operate with only 32 open hours/week.
  • Large functional, kitchen areas and central location makes catering and delivery an endless opportunity for more revenue.
  • Owned vending machines in atrium bring in simple, extra 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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