A fully equipped food court restaurant located in a large high-end mall in the Rochester, NY area. Currently operating as a Sushi and Asian Cuisine restaurant. Concept and cuisine can be changed by the buyer The name of the restaurant cannot be used by the buyer. All Furniture, Fixtures and Equipment were brand new and installed in August 2016 There is a total of 981 square feet of space Staffed by trained employees, and a general manager. Currently open Monday – Saturday from 10 am – 10 pm, and Sunday from 12 pm – 7 pm Ample mall parking is available. Large food court area seating is available. Over $ 100,000 in new construction and installation costs were paid in 2016 to set up in this mall location. ASSETS/FIXTURES/EQUIPMENT (Included in the asking price) Equipment, furniture, fixtures (all new in 2016), with a fair market installed value of $ 45,000 Average weekly inventory (food, beverages, and supplies), valued at $ 2,000 LEASE ARRANGEMENTS: Gross rent is $ 3,270 / month with annual increases to Year 10 at $ 3,907.75 / month The current lease expires in March 31, 2016. Lease is assignable, to a credit-worthy, mall approved buyer. Tenant is responsible for all utility costs within the premises
Country: | USA |
State or Province: | TX |
City: | Rochester |
Location Zip or Postal Code: | 14445 |
Title of Listing: | Fully Equipped Food Court Restaurant - Rochester |
Year Established: | 2016 |
Number of Locations: | 1 |
Number of Seats: | Less than 50 |
Size: | 981 , Square Feet |
Number of Employees: | Less than 10 |
Hours of Operation: | Currently open Monday – Saturday from 10 am – 10 pm, and Sunday from 12 pm – 7 pm |
Asking Price: | $69,900 |
Gross Revenue: | $ 102,848 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE Range: | $100,000 |
Total Monthly Rent: | $ 3,270 |