21 years in Prime Downtown Location
At a Glance
Ephesus has been a mainstay for 21 years in the Downtown Market. Now is your chance to scoop us to this Great Location with possible expansion within the building.
The current owner is willing to pass on his Recipes and Name, however, you can also bring your own concept. Possibilities are many.
The Numbers
Asking Price: $350K
Gross Revenue: Pre-Covid - $1M
Sq Ft: 2,000 each Floor. Basement and First Floor included in Lease.
# of Seats: 30
Listing Features
FF&E: included/not included: All included
Real Estate: Lease, $4,500 + Utilities- Gas, Electric, Water, Grease trap Cleaning, Hood Cleaning
Seller Financing: No
Year Established: 2001
Support/Training from Sellers: Yes
Reason for Selling: Divesting
Competition/Market Pros: Situated in a central part of Downtown Pittsburgh with many office buildings, a hot spot for lunches and events.
Growth and Expansion Opportunity: Possible to rent to 2nd floor to expand, add Liquor License, and build-out bar.
Matthew J. Burek
Senior Vice President, Head of Sales and Business Development
412-779-1606
matt@sofrankoadvisors.com
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Newmark Knight Frank
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