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At a Glance
Nestled amidst the burgeoning prosperity of the surrounding areas, this new build emanates an air of authentic charm & gritty allure while capturing the essence of the neighborhood’s transformation from its roots to the present day. You can create a menu that reflects the diverse background of the area, offering one of many culinary concepts from traditional to fusion. Its unassuming façade beckons passersby with a promise of unpretentious dining experiences: casual and inviting.
As the community evolves, this restaurant stands as a reminder of the neighborhood’s diverse past while paving the way for a future that embraces both the old and the new. Notably absent are sports bars & diners which would not only fulfill specific entertainment & dining needs but also become essential community gathering spaces.
The Numbers
Asking Price: $250k
Gross Revenue: Approx $25-28k/mth
Liquor License: Allegheny County CITY “R”
Sq Ft: 2200
# Of Seats: 50-60
Listing Features
FF&E: Included
Real Estate: Leased
Seller Financing: Yes
Year Established: 2023
Support/Training from Sellers: YES
Competition/Market Pros: Up & coming area flanked by two high-rent retail communities.
Growth and Expansion Opportunity: Open more days/wk (Wed-Sat) / Licensed for 900 SF outdoor patio
“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
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Jim
The Vault
“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
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Terry
Sam's Pop & Beer
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Big Shot Bob’s House of Wings
Big Shot Bob's House of Wings
“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