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Rea's Restaurant - Coraopolis Diner


This quintessential freestanding diner is located northwest of the city of Pittsburgh and has everything you need for a traditional diner including the neighborhood regulars.

The 2,300 sq. ft. restaurant is located along the main road and includes real estate. The property also comes with a 2 bedroom, 1 and 1/2 bath rental property with a long-term tenant to bring in consistent cash flow.

This is truly a family-run operation with strong connections in the community. Currently, the business operates cash only, is open 5 days a week, and serves breakfast/ lunch so there's plenty of room for growth and increased profits.

The Numbers
Asking Price: $395,000
Cash Flow: Over $100,000 a year
Square Footage: 2,300
# of Seats: 50
-18 Tables
-3 booths
-7 stools at the 12 ft diner counter

Listing Features
FF&E: Included
Pepsi cooler, 2 refrigerators, 2 deep freezers, ice machine, 1 tv, 1 oven, 2 microwaves, reach-in refrigerator, toasters, commercial gas stove/oven, 2 fryers, slicer, cooler prep line, and more.
Real Estate: Owned
Year Established: 1991
Reason for Selling: Retirement
Currently, open for breakfast/lunch 5 days a week

Potential Seller Financing Available 



Listed By: Lisa Tomasovich

Background information

Reference:

21-095

Year established:

1991

Reason selling:

Retirement

Finance

Profits:

$100,000

Operations

Equipment:

$0

Premises

Facility:

FF&E: Includes Pepsi cooler, 2 refrigerators, 2 deep freezers, ice machine, 1 tv, 1 oven, 2 microwaves, reach-in refrigerator, toasters, commercial gas stove/oven, 2 fryers, slicer, cooler prep line, and more. The property also comes with a 2 bedroom, 1 and 1/2 bath rental property with a long-term tenant to bring in consistent cash flow.

Location:

Coraopolis, PA

Opportunities

Growth:

Currently, the business operates cash only, is open 5 days a week, serves breakfast/ lunch so there's plenty of room for growth and increased profits.

Price and terms

Price:

$355,000

Training:

Yes 1 month