Active
New Price: Downtown Bar & Restaurant w/ City Liquor License
In the heart of Downtown Pittsburgh, this establishment is known for its thriving lunch business. With a front counter, main restaurant area, back event room, and bar area, this space has a lot of potential for private events, catering, lunch specials, and more.
The restaurant is close proximity to downtown office buildings including the BNY Melon Building and the US Steel Building. The landlord is amenable and will negotiate a favorable lease for the new buyer.
The Numbers
New Asking Price: $295,000 was $475,000
Includes City of Pittsburgh "R" Liquor License valued at $85,000
Gross Revenue: $500,000+
Square Feet: 3,000
#of Seats:
Front: 20
Back Room/ Bar: 50
Dining Room: 50
Listing Features
FF&E Included
4 TVs, 4 deck ovens, reach-in fridge and freezers, commercial oven, fryers, hood & ansul system, prep tables
Year Established: 1976
Support/Training from Sellers: Yes
Real Estate: Leased
Favorable Lease
Reason for Selling: Retirement
Close proximity to downtown office buildings etc.
Listed By: Matthew J. Burek
The restaurant is close proximity to downtown office buildings including the BNY Melon Building and the US Steel Building. The landlord is amenable and will negotiate a favorable lease for the new buyer.
The Numbers
New Asking Price: $295,000 was $475,000
Includes City of Pittsburgh "R" Liquor License valued at $85,000
Gross Revenue: $500,000+
Square Feet: 3,000
#of Seats:
Front: 20
Back Room/ Bar: 50
Dining Room: 50
Listing Features
FF&E Included
4 TVs, 4 deck ovens, reach-in fridge and freezers, commercial oven, fryers, hood & ansul system, prep tables
Year Established: 1976
Support/Training from Sellers: Yes
Real Estate: Leased
Favorable Lease
Reason for Selling: Retirement
Close proximity to downtown office buildings etc.
Listed By: Matthew J. Burek
Background information
Reference:
20-055
Year established:
1976
Reason selling:
Retirement
Finance
Sales:
$500,000
Operations
Equipment:
$0
Premises
Facility:
4 TVs, 4 deck ovens, reach-in fridge and freezers, commercial oven, fryers, hood & ansul system, prep tables 130 Seats
Location:
Pittsburgh, PA
Opportunities
Growth:
Close proximity to downtown office buildings etc.
Price and terms
Price:
$295,000
Training:
Yes