FULLY OUTFITTED BAR AND RESTAURANT EAST OF THE CITY
At a Glance
This recently updated Italian/ pizza restaurant is well known in the area. With indoor and outdoor seating, a specialty pizza oven, 27 glycol tap system, and private event space, this restaurant brought in $2.7 million in its best year.
Improvements have been made to the space and the sizable location has below-market rent. There's room to expand hours and add in delivery to boost revenue even more.
The Numbers
- Asking Price:
$395,000Price Reduction $350,000- Includes Allegheny County liquor license valued at $85,000
- Gross Revenue: $1,800,000
- Cash Flow: $150,000-200,000
- Square Footage: 6,250
- # of Seats: 85 indoors; 30 outdoors
Listing Features
- FF&E: All included
- 28' hood, specialty pizza oven, glycol system with 27 taps, 30 TVs, and more
- Real Estate: Leased
- Year Established: 1994
- Reason for Selling: Divesting
“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
“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
“"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
“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
“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