Popular Well-Known East Side Village Cafe – Rochester
• For sale is a Popular and Well-Known East Side Village Cafe • It has been owned and operated by the same owner successfully for over 20 years • It has a very loyal clientele • Premise size is 900 square feet with some additional space for outside dining • It has a very low overhead cost • Open Daley for lunch and breakfast Monday – Friday 6 AM to 2 PM and Saturday 6 AM to 11 AM • The current casual menu consists of an award-winning fish fry ranked recently as number one in the county • There is plenty of well-lit parking available with easy entrance access ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price) • Furniture, Fixtures, and Equipment at a fair market installed value of $ 10,000 • Inventory at cost of $ 1,000 LEASE ARRANGEMENTS: The current gross rent is $1150 a month. The buyer of this Café will be able to obtain a new lease agreement with the landlord SALES AND SELLERS DISCRETIONARY EARNINGS: 2019 2018 2017 Sales: $236,194 $190,440 $172,239 SDE: 50,142 31,193 27,688 PRICE/FINACING The Asking price is $70,000 Owner financing is available to a qualified buyer with at least 50 % down COMMENTS: After 20 years, the current operator is looking to retire. This is an ideal owner-operator situation with unlimited potential. There is very little competition within the village, and by expanding hours and being open on Sunday could increase sales 30-40% easily.