Property Details

Sandwich Shop and Catering Business - Monroe County

Property ID : WSD24.246

For Sale $94,900.00 - Catering, Restaurant

DESCRIPTION:

  • A well-established sandwich shop and catering business in operation since 2004
  • Beautifully decorated and laid-out floor plan with all of the equipment in very clean condition
  • 90% of sales are walk-ins with another 10% of sales in catering
  • Located on a very busy street in Rochester, NY surrounded with residents and employees of businesses next to this shop
  • Is only open Monday-Friday 8 AM – 3 PM
  • 1,500 sq. ft. premise with seating for 24
  • Two part-time managers assist the part-time owner in the operation of this shop

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

  • Furniture, Fixtures, and Equipment at a fair-market installed value of $ 35,000.
  • Inventory of $ 2,500 at Seller’s cost

 LEASE ARRANGEMENTS:

  • Gross rent is $ 1,200/month.
  • Current lease expires 9/30/2019. A new lease will be offered to the buyer of this business

REPORTED SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):

                                          2018              2017                2016                  2015

Reported Sales:           $ 245,306       $ 234,360        $ 240,931         $ 219,464

Reported SDE:             $   32,240       $   29,209        $   37,249          $  31,446

PRICE/FINANCING:

  • The asking price is $ 94,900.

 COMMENTS:

A great opportunity for an individual with restaurant experience to become the owner of a turn-key sandwich shop. Expanding hours of operation and performing more catering services will expand sales and profits at this business.

Agent Stephen DiPaolo

Steve november 2017
  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
Know More

Contact

Loading...
 

Similar Properties