VIP Baby!!!
At a Glance
Located on a main artery, east of Pittsburgh, with tons of parking (including valet).
Newly remodeled in Vegas/SoCal vibe. Local & national headliner performances, celebrity guests, special events, and VIP bottle service.
Seller invested over $500k in a completely new build-out, including a new roof, electric club lighting, concert sound system, two new bars, dance floor, VIP areas/bottle service, lounge furniture, wallpaper, curtains, and stage.
The seller has put systems in place to make this business super easy to manage & very well organized, plus will offer top-notch training for a smooth transition.
The Numbers
Asking Price: $950,000
Gross Revenue: Over $100k per month
Liquor License: Allegheny County "R" - $115k value
Sq Ft: 4,500SF
# Of Seats: Occupancy 500+
Listing Features
FF&E: included: Spot-On POS with handhelds
Real Estate Owned or Leased: Leased – Negotiable
Year Established: 2022
Support/Training from Sellers: Yes
Reason for Selling: Moving
Market Pros: Club hours include after-hours / Hookah sales / bottle service during events / Valet for prime parking
Growth and Expansion Opportunity: Add website with VIP & Bottle Service reservation system / Marketing on Instagram – 2000 followers / Expand hours of operation
“"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 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
“"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
“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
“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
“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
“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