Property ID : SPL25.326
For Sale $450,000.00 - Bar/Lounge, Franchise Restaurant, Restaurant
• A brand-new craft beer national franchise taking over a very successful current operating location.
• Located in a popular and very busy neighborhood in the City of Rochester.
• Features the largest selection of craft beers, from local brewery’s in New York State.
• High profit menu consists of wraps, specialty pizzas and a full brunch menu every Saturday and Sunday.
• Royalties of 5% first year with 6% there after
• 3500 square feet of the newest trendy look of bar and dining space.
• Consistent sales yearly of $1 million plus.
• Plenty of well-lit available parking
• Hours of business 11am to 2am daily
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
• Total assets valued at $250,000 included in asking price
Current rent is $ 8635 gross a month through 12/31/2033
SALES AND SELLERS DISCRETIONARY EARNINGS:
2016 2017 2018
Sales: $1,502,381 $1,436,551 $1,309,302
Asking price is $ 450,000. The franchise fee is included with all the buildout already completed
The craft beer industry is booming and this is an ideal opportunity for a owner / operator to be part of the hottest trends in the industry. This bar is located near a younger professional demographic making this location even more appealing.