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Price Reduction: Pittsburgh East Neighborhood Bar With Liquor License
Allegheny County, PA
Asking Price:$330,000
Cash Flow:N/A
Gross Revenue:N/A
EBITDA:N/A
FF&E:N/A
Inventory:N/A
Established:N/A
Business Description
Local Hot Spot that is Smoker Friendly
At a Glance
Established Neighborhood Bar in 1982, owners love the place, but they are finally calling the quits after a successful 40+ years! This bar is recently updated, it Seats 20 people in the bar area, has 2 pool tables, and seats an additional 22 in the pool table area, with excellent parking spots available.
The Numbers
Asking Price: $299,990 or Best Offer
Gross Revenue: $220,000
Liquor License: Allegheny "R" &108,000
Sq Ft: 2,700
# of Seats: 40-50 Bar area + pool table area
Listing Features
FF&E: Includes 2 pool tables, Lotto gaming machines, ATM, valued at $34,000
Real Estate Owned: Owned, valued at $158,000
Year Established: 1982
Support/Training from Sellers: Yes
Reason for Selling: Retiring after 40 years
Map of PITTSBURGH EAST NEIGHBORHOOD BAR
At a Glance
Established Neighborhood Bar in 1982, owners love the place, but they are finally calling the quits after a successful 40+ years! This bar is recently updated, it Seats 20 people in the bar area, has 2 pool tables, and seats an additional 22 in the pool table area, with excellent parking spots available.
The Numbers
Asking Price: $299,990 or Best Offer
Gross Revenue: $220,000
Liquor License: Allegheny "R" &108,000
Sq Ft: 2,700
# of Seats: 40-50 Bar area + pool table area
Listing Features
FF&E: Includes 2 pool tables, Lotto gaming machines, ATM, valued at $34,000
Real Estate Owned: Owned, valued at $158,000
Year Established: 1982
Support/Training from Sellers: Yes
Reason for Selling: Retiring after 40 years
Map of PITTSBURGH EAST NEIGHBORHOOD BAR
Detailed Information
- Location:
- Allegheny County, PA
- Reason for Selling:
- Retiring
- Franchise:
- This business is an established franchise
- Business Website:
- https://sofrankoadvisors.com/listing/pittsburgh-east-neighborhood-bar/
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Business Listed By:
Sponsoring Broker:
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Business Listed By:
Edmund Leone
SOFRANKO ADVISORY GROUP, LLC
Sponsoring Broker:
Ronald A. Sofranko, Principal
Listed By: Edmund Leone
Background information
Reference:
22-177
Year established:
1982
Reason selling:
Retirement
Price and terms
Price:
$299,990