Fully Equipped Food Court Restaurant for Sale in Rochester, NY

This is a fully equipped food court restaurant located in a prominent, high-end mall in the Rochester, NY area. Currently operating as a Sushi and Asian Cuisine establishment, the concept and cuisine are fully transferable, offering flexibility to the new owner. Note that the current restaurant name cannot be used by the buyer. Significant investment was made in 2016, with over $100,000 in new construction and installation costs. All Furniture, Fixtures, and Equipment (FFE) were brand new at that time and have a fair market installed value of $45,000. The restaurant occupies 981 square feet and is staffed by trained employees and a general manager. Operating hours are Monday-Saturday 10 am-10 pm and Sunday 12 pm-7 pm. Ample mall parking and large food court seating are available. The business is listed with an asking price of $69,900, generating a gross revenue of $102,848 annually. The Seller's Discretionary Earnings (SDE) are reported at $100,000. The monthly gross rent is $3,270, with annual increases. The current lease expires March 31, 2016, and is assignable to a credit-worthy, mall-approved buyer. Utility costs are the tenant's responsibility. Average weekly inventory is valued at $2,000.