STATE-OF-THE-ART PIZZAIOLO PRIMO RESTAURANT IN MARKET SQUARE WITH REDUCED RENT FOR ALL OF 2021
At a Glance
Pizzaiolo Primo is a beautiful, like-new restaurant did $3.8 million in sales the first year. With a prime downtown location and an original investment of $1.8 million including top of the line kitchen equipment, this restaurant is a chef's dream.
Multiple floors give you ample room to rent the space out for dinners and corporate events. A small outdoor seating section in a premium, high foot traffic area is sure to bring in guests on a busy night in the city.
Bring your authentic concept to the Pizzaiolo Primo space and you'll be sure to be the talk of Downtown. The property has an agreeable landlord and is the perfect place to make your dream come alive!
The Numbers
- Asking Price: $425,000 + City of Pittsburgh Liquor License at $79,000
- Gross Revenue: $3+ million
- Square Feet: 5,100 + 3,400 sq. ft. of storage
- Seating: Approx. 130 + Outdoor Patio
Listing Features
- $1.8 of Outfitting Before Opening
- Italian Imported Marble Features
- FF&E Included: Valued at $800K
- Established: 2013
- Real Estate: Leased
- Support/Training From Seller: Yes
- Liquor License: City of Pittsburgh, Allegheny County
- Reason For Selling: Retiring
“"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
“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
“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
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Jim
The Vault