Property Details

Gourmet Food Shoppe - Rochester

Property ID : WSD24.285

Lease $143,875.00 - Convenience Store

DESCRIPTION:

  • A Gourmet Food Shoppe located in an affluent suburb of the Rochester NY area.
  • This charming store has been in operation at this location for over 13 years
  • This 1,610 Square foot store is very clean, well laid-out, and all the equipment is in very good working condition
  • This store sells a large variety of delicious locally sourced food items such as chocolates, sauces, pasta, mixes, nuts, fruits, baked goods, ice cream, and a multitude of other items
  • This store also creates its own food products such as pies, home-made meals, and other items for its customers
  • This store currently operates 4 days and 34 hours per week 

ASSETS/FIXTURES/EQUIPMENT: (Included in the asking price)

  • $ 25,000 in Furniture, Fixtures and Equipment, valued at Fair Market Installed.
  • $ 30,000 in Inventory at cost

LEASE:

  • The current Lease expires on June 12, 2022. The Buyer of this store will be offered a new lease by the landlord
  • Base Rent is $ 1,542.90/month plus $ 524.59/month in triple net charges

SALES AND SDE:

2020               2019                 2018

Sales:     $ 423,702      $ 354,464        $ 367,435

SDE:      $   62,289      $   32,017        $   50,744 

PRICE/FINANCING:

  • The Asking price is $ 143,875 

COMMENTS:

  • An excellent turnkey operation for anyone experienced in operating a food store
  • Expanding the hours of operation and doing online sales will increase sales and income
  • Adding a deli, and/or ice cream counter would be options that the buyer could implement

Agent Stephen DiPaolo

  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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