Property Details

Price Lowered for East-Side Area Grill and Cafe - Monroe County

Property ID : SPL25.265

For Sale $125,000.00 - Cafe-Coffee Shop, Restaurant

DESCRIPTION:

  • Currently operating as a grill and café with a Mediterranean style  Menu
  • Located off a very busy main highway.  Has a very loyal clientele.
  • Newly build-out with all equipment and fixtures less than 2 years old
  • Located in a strip mall setting with plenty of parking in the front and back
  • Cafeteria set up for serving lunch and dinner
  • 2800 sq feet with seating for  50-60 people
  • Catering services are offered, with an extensive menu.
  • Hours of business are Sun thru Thursday 11am to 8pm, Friday 11am to 3pm, and closed Saturdays.
  • Operating since 9/1/2014

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

  • All FFE valued at $54,000. 

LEASE ARRANGEMENTS:

  • Current lease is $2,550 a month gross, and includes water
  • Lease runs thru 9/30/19 with options

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                               2017                     2016 for 9 months

Sales:                          $251.860                $249,996

PRICE/FINANCING:

  • The asking price is $125,000.
  • Financing is available to a qualified buyer with one-half down.

COMMENTS:

  • Currently operating as specialized Mediterranean Restaurant; however, it does not have to stay that way
  • There is a very good lease structure.
  • It is the only approved Restaurant with an Ansul System Hood in the area.

The current owners are ready to retire after many years in the business

Agent Stuart Levy

Stuart-Levy1
  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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