Active
High Profit Percentage Bar with LOW Rent and Low Overhead
Take a video tour: https://youtu.be/ZelmHZPEnBA?si=3f5A0P7VOf92CJaK
This vibrant bar has a rich family history inspired by Wolfgang Puck chef Michael Barnhouse. This establishment is consistently busy and overflowing with elated customers on the weekends.
Everything is set in place to walk in turn the lights on and have incredible success on day one. The space is open with plenty of natural light and features a 25-foot custom wide bar with additional bar seating, coolers, freezers, large walk in cooler accessible to the beer taps, and an open concept kitchen. It also has a outdoor patio with plenty of seating, a lounge area, a dining area, and more. An Allegheny County liquor license, valued at $125,000, is also included.
Listed By: Edmund Leone
Background information
Reference:
24-374
Year established:
1889
Finance
Sales:
$388,000
Profits:
$134,000
Operations
Furniture fixtures and equipment:
Included
Premises
Facility:
# Of Seats: 48 total
Square footage:
2,520 total = 1,800 1st floor, 1,200 2nd floor, 520 ft. outside patio
Rent and lease terms:
Leased, $2400 month
Opportunities
Market:
Walking distance to the North shore, Rivers Casino, and Acrisure Stadium
Price and terms
Price:
$365,000
Financing:
Seller Financing might be possible
Training:
Yes, top bartender will stay on