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North Pittsburgh Upscale Neighborhood Pizza Restaurant and Bar
North Pittsburgh Upscale Neighborhood Pizza Restaurant and Bar
Allegheny County, PA
Asking Price:$230,000
Cash Flow:$100,000
Gross Revenue:$600,000
EBITDA:N/A
FF&E:N/A
Inventory:N/A
Established:2019
Business Description
Prime Location with Liquor License
NORTH PITTSBURGH UPSCALE NEIGHBORHOOD PIZZA RESTAURANT AND BAR
High Volume in Great Neighborhood
This is an Asset Sale, a Name Change is Required
At a Glance
This North Hills community Pizza restaurant resides in a mixed-use, multi-tenant upscale plaza. The restaurant is within walking distance from many multi-family, growing neighborhoods, as well as a major high school and football stadium.
The restaurant is known for offering pizza and drinks but can be turned into any restaurant you desire. The restaurant’s space also features a bar and dining area with 60 seats inside. Allegheny R license $115,000.
The restaurant features an outdoor patio that seats 40 comfortably with a picturesque view.
The restaurant’s return customer base is strong in this ever-growing high-end community.
80% staffed. A 2500 sq ft loaded with new equipment must-see!
The Numbers
Asking Price: $230,000
Gross Revenue: $600,000 +
Cash Flow: $100,000 plus
Liquor License: Allegheny R ($115,000 Value)
Sq Ft: 2500
# Of Seats: 50 inside, 40 outside, 10 bar
Listing Features
FF&E included: Yes
Real Estate: leased $5,600 with CAM
Year Established: 2019
Reason for Selling: Partnership Dissolved
Map of North Pittsburgh Upscale Neighborhood Pizza Restaurant and Bar
High Volume in Great Neighborhood
This is an Asset Sale, a Name Change is Required
At a Glance
This North Hills community Pizza restaurant resides in a mixed-use, multi-tenant upscale plaza. The restaurant is within walking distance from many multi-family, growing neighborhoods, as well as a major high school and football stadium.
The restaurant is known for offering pizza and drinks but can be turned into any restaurant you desire. The restaurant’s space also features a bar and dining area with 60 seats inside. Allegheny R license $115,000.
The restaurant features an outdoor patio that seats 40 comfortably with a picturesque view.
The restaurant’s return customer base is strong in this ever-growing high-end community.
80% staffed. A 2500 sq ft loaded with new equipment must-see!
The Numbers
Asking Price: $230,000
Gross Revenue: $600,000 +
Cash Flow: $100,000 plus
Liquor License: Allegheny R ($115,000 Value)
Sq Ft: 2500
# Of Seats: 50 inside, 40 outside, 10 bar
Listing Features
FF&E included: Yes
Real Estate: leased $5,600 with CAM
Year Established: 2019
Reason for Selling: Partnership Dissolved
Map of North Pittsburgh Upscale Neighborhood Pizza Restaurant and Bar
Detailed Information
- Location:
- Allegheny County, PA
- Facilities:
- Incluided
- Reason for Selling:
- Partnership Dissolved
- Franchise:
- This business is an established franchise
- Business Website:
- https://sofrankoadvisors.com/listing/north-pittsburgh-upscale-neighborhood-pizza
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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:
23-234
Year established:
2020
Reason selling:
Partnership Dissolved
Operations
Equipment:
Included
Premises
Square footage:
2500
Rent and lease terms:
Leased 10 Year $5600 With CAM
Price and terms
Price:
$230,000
Financing:
No
Training:
Yes