Property Details

Breakfast & Lunch Cafe - Monroe County

Property ID : WSD24.252

For Sale $120,000.00 - Cafe-Coffee Shop, Restaurant

DESCRIPTION:
• A well-established Breakfast and Lunch Cafe serving the Rochester NY area for over 22 years.
• Comes with a lot of Active Corporate Catering Accounts
• Has a great location on Jefferson Road in Monroe County NY
• The Cafe has seating for 50 Indoor and 50 Outdoor customers
• Offers a delicious menu that includes pancakes, omelets, homemade soups, specialty sandwiches, wraps, Burgers, chicken and much more
• All Equipment has been properly maintained, is serviced regularly, and meet all industry codes
• Has a large and loyal repeat customer base and extensive email distribution list
• A Professional Staff of 3 Full Time and 2 Part Time employees assist the Owner in the operations
• Has a well-designed website and hosting program that is easily manageable.

ASSETS/FIXTURES/EQUIPMENT:(Included in the asking price)
• Inventory, valued at Seller’s costs of $ 9,800.
• Furniture, equipment, and fixtures Fair Market Installed value of $ 68,000

LEASE ARRANGEMENTS:
• Gross Rent is $ 2,916.67 per month
• Current lease expires on September 30, 2020. There are two 5-year options to renew

REPORTED SALES AND SDE:
2019 2018 2017 2016
Reported Sales: $ 342,770 $ 402,076 $ 443,905 $ 486,767
Reported SDE: $ -6,195 $ 35,323 $ 8,500 $ 56,518

NOTE: Sales and SDE are derived by being open only 40 hours per week.

PRICE/FINANCING:
• The asking price is $ 120,000

COMMENTS:
This is a great opportunity for someone looking to own both a Cafe and Catering Service Business.
Expanding the hours of operation will add significant sales and profits.
Obtaining a Beer and Wine License at this Restaurant will add diversity to the menu

Agent Stephen DiPaolo

  • Office : 585-247-4750

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

Contact

Loading...
 

Similar Properties