Property Details

Popular Neighborhood Deli and Pizzeria - Rochester

Property ID : LB22.245

For Sale $375,000.00 - Convenience Store, Pizza Shop

DESCRIPTION:
• Very popular, high-volume Local Deli and Pizzeria, located in a very busy area in a suburb west of Rochester, NY.
• Established in 1982 by the current owner, who is retiring.
• Serves authentic style pizza, pasta, wings, subs, salads and more.
• 2,000 square foot facility, with seating for 20 inside and 12 in an outside patio.
• Well-spaced facility consists of dining, grocery, customer service counters and 3 kitchen areas.
• Full basement with extra space for storage.

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
• FF&E, valued at a cost of $ 50,000, is included in the asking price.
• Inventory, valued at a cost of $ 3,000, is included in the asking price.
• Equipment is in good condition and well maintained.

LEASE ARRANGEMENTS:
• Current owner is also building owner; favorable lease can be negotiated.
• Gross asking rent is $ 2,800/month.

SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
2019 2018 2017
SALES 730,728 664,255 651,936
SDE 158,631 158,399 110,804

PRICE/FINANCING:
• Asking price is $ 375,000.

COMMENTS:
• Great opportunity to purchase a well-established, highly profitable business.
• Possibilities for future growth include increased social media advertising, deliveries, and catering expansion.

Agent Lou Bellanca

  • Office : 585-247-4750

Lou Bellanca has been with AMD Business Brokers since 2009, bringing over 20 years of…
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