Built for High-Volume and Catering
At a Glance
Well known for Catering & Deli Counter for Generations. Full Allegheny County “R” Liquor License is included as well as All Equipment. Owners looking to step back but would be very open to still staying on a couple of days a week to help new owners continue the success they have built.
The Numbers
Asking Price: $995,000.00
Gross Revenue: Over $2.2M
Cash Flow: $200K +
Liquor License: Yes, Allegheny County R
Sq. Ft: 7,000
# Of Seats: 150 between the restaurant and private banquet room
Listing Features
FF&E: All included except a couple art pieces
Real Estate: Lease, $11,000/month but includes CAM
Year Established: 1948
Support/Training from Sellers: Absolutely, Owners may still want to work 2-3 days a week.
Reason for Selling: Retirement
Competition/Market Pros: Very busy area, well know in area and sought after for their catering.
Growth and Expansion Opportunity: Owners currently turn down catering business and inhouse use of private banquet room as they do not have the energy to keep up. Use of LL could be expanded to do more 6-pack shop promoting craft beer segments.
Matthew J. Burek
Senior Vice President, Head of Sales and Business Development
412-779-1606
matt@sofrankoadvisors.com
“"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
“"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
“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
“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