Name of Business:  Ephesus

Address of Business:  219 Fourth Ave.  Pittsburgh, PA 15222

Name of seller:   Cenap Kosar

Seller Phone Number:  412-877-4642

Seller Email: v

Main Information:   Ephesus has been a mainstay for 21 years in the Downtown Market.  Now is your chance to scoop us this Great Location with possible expansion within the building.  Current Owner is willing to pass on his Recipes and Name if new buyer would like to.  You can also bring your Concept.

The Numbers:

Asking Price:  $350K

Gross Revenue:  Pre-Covid - $1M; Currently $650K

Cash Flow: 

Liquor License:   No

Sq Ft:  2,000 each Floor.  Basement and First Floor included in Lease.

# of Seats:  30

Listing Features:

FF&E: included/not included:   All included except that Hood cannot leave the premise

Real Estate Owned or Leased:   Lease, $4,500 + Utilities- Gas, Electric, Water, Grease trap Cleaning, Hood Cleaning

Seller Financing Yes or No:   No

Year Established:   21 Years

Support/Training from Sellers:   Yes, 1 or 2 Weeks

Reason for Selling:   Divesting

Competition/Market Pros & Cons:  Situated in a central part of Downtown Pittsburgh with Many Office Buildings.

Growth and Expansion Opportunity:  Possible to Rent to 2^nd Floor to Expand.  Add Liquor License and Build-out Bar.

Listed By: Matthew J. Burek