Property Details

New Lower Price for – Deli/Cafe/Small Convenience Store inside Mixed-Use Building - Onondaga County

Property ID : LB22.174

For Sale $245,000.00 - Cafe-Coffee Shop, Convenience Store

DESCRIPTION:

  • Successful, profitable Deli/Café and Small Convenience Store, located inside a Mixed-Use Building in Downtown Syracuse.
  • Established over 30 years ago; current owners are ready to retire.
  • Serving coffee, desserts, sandwiches, salads and soups.
  • Convenience items sold are drinks, snacks, candy and greeting cards.
  • 1,150 square foot space consisting of a customer seating area, prep/service area and kitchen. Back storage area consisting of approximately 700 square feet.
  • Lottery machine brings in easy revenue.
  • Steady foot traffic of over 3,000 employees and professionals.
  • Currently operating Monday-Friday 7am-5pm.
  • Current location was relocated within the building in July 2015.

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

  • FF&E, valued at $15,000.
  • Inventory at cost, valued at $5,000.

 LEASE ARRANGEMENTS:

  • Grosse rent is $1,206.25/month and includes utilities.
  • Lease includes use of 2 parking spots in garage.
  • Current lease expires in 1/31/2021.

SALES AND SELLERS DISCRETIONARY EARNINGS:   

      

2016 2015
(6 months)
2014
SALES $358,047 $333,324 $590,205
SDE      78,820     51,440      88,203
  •  PRICE/FINANCING:
     Asking price is $245,000. Seller financing is available and negotiable. 

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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