Property ID : LB22.171
For Sale $114,000.00 - Cafe-Coffee Shop
- 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.
- 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
Asking price is $114,000. Seller financing is available to a qualified buyer with $60,000 down.
- 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.