Property Details

Popular Upper Monroe Avenue Restaurant - Monroe County

Property ID : SPL25.295

For Sale $550,000.00 - Restaurant

DESCRIPTION:

  • An established  restaurant/diner located in a high traffic area near I-490
  • Located in a very diverse neighborhood of the City of Rochester
  • Operating 45 years with a very loyal clientele
  • Serving breakfast, lunch and dinner daily
  • Menu consists of a large variety of popular Greek and American cuisine
  • Off street parking is available for 30 cars
  • Seating for 112
  • Hours of business are Monday thru Sunday 7am to 9pm
  • Great visibility , TURN-KEY business

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

  • ALL FFE VALUED AT $40,000

 LEASE ARRANGEMENTS:

Current Lease is $3,000 a month with taxes running about a $1,000 a month . Terms can be negotiated

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                                           2017     2016

Sales:                         $421,930    $382,801

PRICE/FINANCING:

Asking price for business only is $150,000, with owner financing to a qualified with half down

Asking price for business and property is $550,000.  Owner will finance property with 20% percent down

COMMENTS:

This is a terrific opportunity to own an established restaurant with trained and knowledgeable staff in place. There is a loyal customer base.

Agent Stuart Levy

Stuart-Levy1
  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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