Property Details

Restaurant with an Open Concept Kitchen - Monroe County

Property ID : SPL25.284

For Sale $199,500.00 - Restaurant

DESCRIPTION:

  • A restaurant offering a unique dining experience and a wide variety of high-quality menu items, served from an open kitchen concept.
  • Restaurant is only 15 years old and the build-out was in the $475,000 range.
  • All equipment is clean and in working order.
  • Highly visible restaurant located on busy intersection with over 150 spaces for parking.
  • Signage attracts customers from four major thoroughfares.
  • Loyal and growing customer base. All positive social media. Great Website included with the sale.
  • Exceptional decorations provide a comfortable dining experience.

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

  • Furniture, Fixtures, and Equipment at a fair market installed value of $96,500.
  • Inventory at cost of $ 3,000

LEASE ARRANGEMENTS:

  • Base Rent is $ 5,501 per month plus triple net charges of approximately $ 1,200 per month
  • Present lease expires in October of 2021.

REVENUE:

Sales:    2017 – $ 753,608     2016 – $ 793,128      2015 – $ 728,422

SDE:      2017 – $  60,415     2016 – $   97,230      2015 – $   26,861

PRICE/FINANCING:

The asking price is $ 199,500

COMMENTS:

This restaurant is built to be labor efficient and effective with quick service and has a reputation for quality and high cleanliness.  This location is in the heart of Rochester and the location is perfect to grow this business.

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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