Property ID : SPL25.342
For Sale $89,000.00 - Cafe-Coffee Shop
DESCRIPTION:
• Located off a very busy highway in the Pittsford NY area
• Current operator has been there 5 years
• 1800 square feet of dining and kitchen space
• Turn-key operation with a loyal clientele
• Historic and intimate established restaurant
• Ample off-street parking available
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
• All FFE at a fair market installed value of $ 40,000
LEASE ARRANGEMENTS:
• Current lease expires on May 31,2020 with negotiable options available
• Current gross rent is $ 2,200 per month
SALES AND SELLERS DISCRETIONARY EARNINGS:
2019
Sales: $ 390,927
Cash Flow (SDE): $ 60,377
PRICE/FINANCING:
Asking price is $89,000, and some financing may be available to a qualified buyer
COMMENTS:
Perfect for a mid to high end breakfast /lunch /dinner café. Positioned to capitalize on impending village growth. Ideal for an owner operator with a background in the industry. Low overhead makes this an attractive location.
