Property Details

Upscale Restaurant with Building - Rochester

Property ID : WSD24.262

For Sale, Real Estate $479,900.00 - Real Estate, Restaurant

DESCRIPTION:
• An Upscale Restaurant with Building located in the Greater Rochester, NY area for sale
• There is inside seating of 75 for their dining customers
• Has a beautiful Americana interior decor
• Currently has 6 full time and 15 part time employees for the restaurant and 19 on-call staff for its catering services
• It has an extensive and delicious home-made lunch and dinner menus with alcoholic and non-alcoholic drinks.
• There are Vegetarian, Gluten-Free, and Children’s items on their menus
• A large percentage of sales are derived from their catering service
• It has its own parking lot for up to 30 Vehicles.

ASSETS/FIXTURES/EQUIPMENT: Included in the asking price:
• Fair Market Value of Furniture, Fixtures, Equipment, and Vehicles of $ 78,395
• Inventory at Seller’s Cost of $ 21,000
• Real Estate at an Appraised Value of $ 165,000

REAL ESTATE:
• 3,213 Sq. Ft. Building on .70 Acres of land built in 1960
• Professionally Appraised at $ 165,000 by Midland Appraisal Associates
• 2018 Property Taxes were $ 5,049.50

RESTAURANT SALES AND SDE:
Restaurant Sales: 2019 – $1,255.695 2018 – $ 1,165,107
2017 – $ 1,161,524
Restaurant SDE: 2019 – $158,263 2018 – $ 168,185
2017 – $ 137,759

PRICE/FINANCING:
• The Asking Price for the Business and Real Estate is
$ 479,900

COMMENTS:
• This Restaurant has been known for years as a fun and friendly dining experience for all
• The Owner will assist the Buyer for as long as needed to be successful in operating this business.

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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