New Price for Trendy Neighborhood Bistro and Bar

Rochester, NY (Monroe County)

Seller Financing Available
New Price for Trendy Neighborhood Bistro and Bar
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Asking Price: Get Financing: $135,000

Cash Flow: $87,384

Gross Revenue: $246,310

EBITDA: N/A

FF&E: $45,000

Inventory: N/A

Lease Rate: $2.07 /Month

Established: 1998

New Price for Trendy Neighborhood Bistro and Bar

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Business Description

• Hours of business Tuesday thru Saturday 5 PM -9 PM
• A quaint Bistro and bar located in a trendy city neighborhood
• Established in 1998, and has a very loyal clientele
• The menu is a mixture of favorite Italian and American dishes
• A small bar is available serving wine and liquor
• Current sales shown are based on this Bistro being open only 25 hours a week

Detailed Information

Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
12/31/2018
Employees:
2FTE;5PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A small bar is available serving wine and liquor • Has its own parking lot for 24 vehicles and some off-street parking is available Current gross rent is $3,100 a month that includes garbage and hot water. The Buyer can obtain a new lease from the landlord
Growth & Expansion:
LOCATION,LOCATION,LOCATION,is the key here. This is a perfect opportunity for an owner-operator, or chef. It has very low overhead expenses. There is a large walk-in business from the surrounding neighborhood. This is a must see opportunity.
Financing:
There is some seller financing available to a well qualified buyer.
Support & Training:
The current owner will do everything necessary to ensure a smooth transition of ownership.
Reason for Selling:
Moving back to home country.
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Lou Bellanca

Business Listed By:
Lou Bellanca

AMD Business Brokers

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Sponsoring Broker:
AMD Business Brokers

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