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
“You guys are a great company. [Jeff] and Ron have been very patient and informative. Very glad we're selling through you. People over money is most important to us and you've shown that as well. ”
Randy
Bob's Beverage
“"She handled my constant questions and concerns with compassion and professionalism. Couldn’t have done it without the team! Much gratitude and praise is definitely due." ”
Terry
Sam's Pop & Beer
“It was my pleasure doing business with Sofranko Advisory Group and my representative Paul Alexander. Paul showed true expertise in the sale of my bar & restaurant. He exceeded all expectations and closed my deal exactly how we discussed. He providing me with constant updates and feedback throughout the process. My experience was second to one. I would highly recommend using Sofranko and Paul in all sides of bar and restaurant business”
Justin
Iron Creek
“I simply wanted to write you and say thank you very much for all of your efforts, time, and your trust in us! I am grateful for the fact that you worked with us and proud to be a part of The Vault.”
Jim
The Vault
“"Everyone we have dealt with from Sofranko Advisory Group has been diligent, honest, and professional at all times. I have recommended their services to close friends of mine and will continue to do so in the future."”
Big Shot Bob’s House of Wings
Big Shot Bob's House of Wings
“Sofranko Advisory has always done excellent work for me and my clients....Their capabilities are second to none. I always highly recommend them.”
David Glickman
Newmark Knight Frank
“I'd like to thank Ronald Sofranko for the great job you did for Maxwell's Pizza Bellevue helping facilitate the liquor license process.”
Christina
Maxwell's Pizza