DESCRIPTION: A long-standing New York City Style restaurant and deli. It has been operating since 1929 and is a well-known recognized name throughout the State of New York It is located in the Rochester area in a high-volume plaza setting It has a very large catering business included It has an extremely loyal clientele 3,000 sq feet of dinning and take-out deli area Business open currently at 20 hours a week, averaging $10,000-$12,000 a week. There is ample well-lit parking available with easy access to the entrance ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price) Fair Market Value of Furniture, Fixtures, and Equipment of $ 60,000 Inventory at cost of $ 2,800 LEASE ARRANGEMENTS: The current gross rent is $ 4,000 a month. A new lease is negotiable with length and terms. REPORTED SALES AND SELLERS DISCRETIONARY EARNINGS (Fiscal Year Ending on February 28) 2020 2019 2018 Reported Sales: $ 660,612 $ 639,420 $ 725,038 Reported SDE: $ 100,179 $ 80,744 $ 98,652 PRICE/FINANCING: The asking price is $ 195,000. Some seller financing is available to a well-qualified buyer COMMENTS: After 45 years the current owner is looking to retire. This is an ideal owner/operator business. There are many ways to increase sales. Currently the business is only open 20 hours a week. Increasing the hours to include breakfast, dinners, and weekends should increase revenue 50%. The catering is a separate income steam and can be discussed.