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Italian Deli, Pizza, Catering New Price/free Rent For Sale

Rochester, New York, US
Asking Price:
$195,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$772,000
Cash Flow:
$172,000

Offering Great Italian Food

Hot Entrees (Lunch/Dinner), Pizza and Appetizers for Take Out/Eat In
Full Italian Deli (Meats/Sides/Subs/Canned Goods/Dry Goods/Etc.)
Delicious Desserts
Gluten Free Options
Full Catering Menu

Property Information

Real Estate:

Lease

Lease Terms:

3 MONTHS FREE RENT OFFERED TO NEW OWNER
Rent: $30,000/Year plus RE Taxes and Utilities; Annual Escalations
Term: 5-Year Initial Term/5-Year Renewal Option
Lessee Responsible for Interior Maintenance and Business Equipment Lessor Responsible for Exterior and Major Building Systems

Leasehold Rent:

$36,000 per annum

Location:

Busy suburb

Premises Details:

2,720 SF with Ample Parking
Seating for 20 Patrons
Terrific Visibility with Strong Daily Traffic Counts

Size in square feet:
2,800

Business Operation

Expansion Potential:

Build On This Great Foundation
Expand Delivery Options; Currently Only Deliver for Catering
Expand Catering; Currently Only 10% Of Revenues

Reasons for selling:

Retirement

Trading hours:

M-F, Sa

Employees:
16FT
Years established:
1990

Other Information

Support & training:

4 weeks post closing

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$7,000 - included in the asking price