Property Details

Long Standing Suburban Family Restaurant - Monroe County

Property ID : LB22.189/SPL25.256

For Sale $150,000.00 - Restaurant

 DESCRIPTION:

  • An established, very successful family restaurant located in a suburb just outside the City of Rochester.
  • Open since 2001. Family owned and operated.
  • 2,430 sq feet with seating for 115 people.
  • Private banquet/party room.
  • Very loyal clientele.
  • Large American-style cuisine menu.
  • Open daily for breakfast, lunch and dinner.
  • Hours of business are 6am to 9pm daily and Sunday 8am to 2pm.
  • Ample parking available with a large well-lit parking lot.

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

  • All FF&E included and valued at $50,000.
  • Inventory at cost of $ 2,500

 LEASE OR REAL ESTATE OPTIONS:

  • Lease option available with a gross rent of $3,000/month, terms are negotiable.
  • Building and Real Estate is also available at an asking price of $250,000.

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                                           2016                           2015                  2014

Sales:                          $ 447,982          $ 441,005          $ 385,073

Cash Flow (SDE):        $   94,574          $ 104,362          $   64,080

PRICE/FINANCING:

Asking price for business is 150,000; bank and seller financing is available to a qualified buyer.

 

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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