Property Details

Popular West Side Gastropub & Wine Bar - Monroe County

Property ID : JCB35.51

For Sale $170,000.00 - Bar/Lounge, Restaurant

DESCRIPTION:

  • A Gastro Pub and Wine Bar started in 2016
  • Located off a major road on the west-side of Rochester, NY
  • Popular gathering place with a loyal clientele since 2016
  • 1875 square feet, with seating for 60
  • A small kitchen is available
  • Ample parking is available in a plaza setting
  • There is a small outdoor patio
  • Hours of business are Monday – Thursday 4 PM -10 PM   Friday – Saturday 4 PM -12 PM

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

  • Furniture, Fixtures, and Equipment at a fair market installed value of $ 58,800
  • $10,000 of inventory at Cost

 LEASE ARRANGEMENTS:

 The current lease runs through 2021. Current base rent is $ 2,800/month plus triple net charges of $ 975/month

SALES AND SELLERS DISCRETIONARY EARNINGS:                         

                                     1-1 thru 5-31-2018               2017                         2016

Reported Sales:                $  219,744                $  560,963         $ 424,711

Reported SDE:                  $  – 16,888              $  – 72,810        $   11,338

 

PRICE/FINANCING:

 The asking price is $170,000.  Seller financing is available to a qualified buyer

 COMMENTS:

Excellent opportunity for an owner /operator.  Gastro Pubs are currently one of the hottest trends in the industry.

 

Agent Jim  Bingham

Jim
  • Office : 585-247-4750

Jim Bingham has nearly 25 years of executive food service experience. He has a Bachelor’s Degree…
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