Property ID : SPL25.431
For Sale $60,000.00 - Restaurant
DESCRIPTION:
- A trendy café/restaurant located in the heart of Victor NY, a suburb east side of Rochester
- Currently operating as a Mediterranean Restaurant
- In business since 2015
- Large outdoor dinning area
- Ideal location for take-out, delivery, and dinning for up to 50 inside
- Operating 38 hours a week.
- Hours of operation are 11:30 a.m. – 2 p.m., and 4:30 p.m. – 9:00 p.m. on Tuesday -Friday, Saturday from 11 a.m. – 9 p.m. Closed on Sunday and Monday.
- Very loyal clientele
- Plenty of off-street parking available
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
- Furniture, Fixtures, and Equipment at a fair market value of $20,000.
- Also included is a new hot water heater and HVAC unit.
LEASE ARRANGEMENTS:
- The current lease is in place until 2023.
- The monthly rent is $2100 gross
- New terms can be negotiated
REPORTED SALES:
| 2021 | 2020 | 2019 | |
| SALES | $302,152 | $314,289 | $240,673 |
| SDE | $TBD | $TBD | $TBD |
PRICE/FINANCING:
- The asking price is $60,000, with seller financing available with at least half down
COMMENTS:
Location is key. This is a husband-and-wife operation. Currently only open 38 hours a week, so expanding hours can increase revenue. Adding beer and wine will also increase sales by a projected 25%.
