Property Details

Seller Financing Available for Fully Equipped Restaurant in Prime Location - Monroe County

Property ID : LB22.187

For Sale $190,000.00 - Restaurant

DESCRIPTION:

  • Stunning, fully-equipped, high-volume restaurant opportunity, located on a major road in a suburb of Rochester, NY.
  • Built 3 years ago as a major restaurant anchor in a heavily populated area.
  • Over $ 700,000 originally spent on brand new build-out.
  • Vast, 8,000 square foot area consisting of:
    • Large, separated dining areas
    • Large bar and communal seating area
    • Separate Banquet area with seating for 80 people and stocked with a fully functioning bar
    • Open view, wood-burning pizza area and kitchen
    • Wine/liquor room
    • Storage area
    • Office
  • Current business name is not included.

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

  • FF&E with a fair market value of $150,000, is included in the asking price.

 LEASE ARRANGEMENTS:

  • Gross rent for the 8,000-square foot facility is $15,849.46 and includes utilities and water.
  • Current lease expires in 2024 with 2 5-year options available.

SALES: (as current name and concept)

 

2016      2015    2014
SALES $885,492 $1,064,412 $971,279

 PRICE/FINANCING:

  • Asking price is $190,000.
  • Seller financing is available for a qualified buyer with $100,000 down.

 COMMENTS:

This is a great opportunity for a current Restauranteur or Restaurant Group ready to bring their concept or new concept to a higher level. Total turn-key opportunity, no extra investment needed!

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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