Property Details

Jefferson Road Cafe and Catering Business - Monroe County

Property ID : WSD24.252

For Sale $164,900.00 - Cafe-Coffee Shop, Restaurant

DESCRIPTION:

  • A well-established Café and Catering Business serving the Rochester NY area for over 22 years.
  • Comes with over 350 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 meets 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:  (Results based on being open only 40 hours a week!)

                         

                                              2018                   2017                    2016

Reported   Sales:    $ 402,076          $ 443,905            $ 486,767

Reported   SDE:      $  35,323           $    8,500            $   56,518

PRICE/FINANCING:

  • The asking price is $ 164,900

 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

Steve november 2017
  • 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