East-Side Redemption Center

Rochester, NY

Seller Financing Available

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Asking Price:$70,000
Rent:$1,000/Month
Established Year:2021
Gross Revenue:$153,904
FF&E:$5,000
BUSINESS DESCRIPTION

• A redemption center East of the City of Rochester located off a major highway
• Additional income of $100-$200/month is earned by bringing back scrap aluminum to Alpco,
• Operating since 2021
• 1200 square feet that employees 4
• Hours of business; open daily 10 am – 4 pm, closed Tuesday, Wednesday and Sunday
• Open only 24 hours a week


DETAILED INFORMATION
Location
Rochester, NY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
• A redemption center East of the City of Rochester located off a major highway • Additional income of $100-$200/month is earned by bringing back scrap aluminum to Alpco, • Operating since 2021 • 1200 square feet that employees 4 • Hours of business; open daily 10 am – 4 pm, closed Tuesday, Wednesday and Sunday • Open only 24 hours a week
Growth & Expansion
Run by Absentee owners. Currently in NYS redemption centers earn 3.5 cents per bottle There is talk with NYS to raise that to 5 cents by next year. Offering pick up and expanding hours will increase revenue. the current model is operating 24 hours a week with average net profit of $1,000 to $1,500 a week before expenses. All Profit pays no sales tax.
Financing
Financing available with $40-$50,000 down, for 5 years at a low interest rate of 3%.
Support & Training
The current owner will do everything necessary to ensure a smooth transition of ownership.
Reason for Selling
Other business
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Stuart Levy
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Stuart Levy