Take-Out and Delivery Restaurant in the Hilton/Parma Area – Rochester
A Take-out and delivery restaurant location off a major highway in the Hilton/Parma NY area It is operated by a husband-and-wife team who took over this restaurant in later part of 2019 The menu consists of subs / wraps wings, hots and burgers and other specialty sandwiches This restaurant has 1,200 square feet that includes counter seating, and 12 seats and tables for dining in. Catering is part of the business There is plenty of well-lit parking Hours of operation are Tuesday through Thursday 11 AM -7:30 PM Friday and Saturday 11AM -9:00 PM ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price) Furniture, Fixtures and Equipment at a Fair Market Installed value of $ 25,000 Inventory at cost of $ 1,000 LEASE ARRANGEMENTS: The current lease expires on May 2021, but does have options to renew A new lease can be negotiated at a gross rent of $ 1215 a month SALES AND SELLERS DISCRETIONARY EARNINGS: 2020 Sales: $ 259,172 Cash Flow (SDE): $ 67,490 PRICE/FINANCING: Asking price is $ 60,000. Some financing is available to a qualified buyer COMMENTS: Even through the 2020 pandemic, sales at this location were very solid because of take-out and delivery. This is an Ideal owner operator business. Currently open only 5 days a week so expanding hours should increase sales 10-15%. More marketing and catering will also expand sales. This is a turn-key opportunity with everything in place, that includes the brand name.