Property ID : SPL25.284
For Sale $199,500.00 - Restaurant
- 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
- Base Rent is $ 5,501 per month plus triple net charges of approximately $ 1,200 per month
- Present lease expires in October of 2021.
Sales: 2017 – $ 753,608 2016 – $ 793,128 2015 – $ 728,422
SDE: 2017 – $ 60,415 2016 – $ 97,230 2015 – $ 26,861
The asking price is $ 199,500
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.