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At a Glance
Great lease agreement with the landlord. Successful cash-flowing location– great lunch and catering business. Great opportunity for an owner/operator to become even more profitable. Opportunity to buy both Pittsburgh and expand in Western PA
The Numbers
Asking Price: $700k
Gross Revenue: 1.1 Million/year
Cash Flow: $225,000
Sq Ft: 1710
# Of Seats: 59 (max occupancy)
Listing Features
FF&E: included
Real Estate: leased
Seller Financing: yes, for qualified buyer
Year Established: 2019
Support/Training from Sellers: yes
Reason for Selling: Divesting
Competition/Market Pros: very limited direct competition in Downtown Pittsburgh
Growth and Expansion Opportunity: franchise rights to western pa – very attractive franchise royalty fee at 4.5%
Matthew J. Burek
Senior Vice President, Head of Sales and Business Development
412-779-1606
matt@sofrankoadvisors.com
“"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
“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
“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
“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