Active
A Beautiful New-Build Out with Successful Concept in Downtown Pittsburgh
This restaurant is a diamond perfectly situated in the Steel City with a menu rooted in affordable upscale American comfort food. The current owner made a strategic pivot in menu and cocktails which increased the gross sales and net income. and now has $2 mil annual potential.
The selections combine the cozy familiarity of classic American dishes with a touch of sophistication in its ambiance and presentation, all while maintaining reasonable prices.
A recent rebuild strikes a balance between casual and upscale, with comfortable seating, warm lighting and some modern touches to create a welcoming atmosphere and is a must-see for any restaurateur that wants to be in a safe area with plenty of action. Opened 7 days per week while fully staffed with experienced/ trained servers/bartenders.
Asking Price: $600,000
- Includes Allegheny County City “R”
Gross Sales: Over $100,000/month since January
Listed By: Lisa Tomasovich
Background information
Reference:
23-312
Year established:
2023
Reason selling:
Divesting
Finance
Sales:
$1,500,000
Operations
Furniture fixtures and equipment:
Includes completely new build, with all new kitchen and equipment!
Premises
Facility:
# Of Seats: 100 seats (includes indoors and two patios)
Square footage:
2,400 SF + 800 SF Office space or dry storage
Rent and lease terms:
Leased (New lease required w/free months included)
Opportunities
Growth:
Can enclose patio for all-year-round use. Currently operating under limited hours, expand hrs.
Market:
Neighboring venues gross btw $2-3mil / Beautifully done website
Price and terms
Price:
$600,000
Financing:
Possibly w/50% down
Training:
Yes