A must-see opportunity in Pittsburgh situated on a bustling thoroughfare known for its beers and its iconic fish sandwiches. They boast an average of 900 sandwiches sold per week during Lent. This long-standing establishment has earned a reputation that extends well beyond its immediate neighborhood.
From the outside, this Lounge is a beacon on the busy road, thanks to its welcoming neon sign and mouthwatering aroma that drifts through the air.
A recent $44,000 remodel and expansion this summer makes room for the expanded open bar area, the back pool table room with plenty of seating, a nice-sized kitchen with a walk-in cooler, and a private gaming area.
Well-staffed with 6 bartenders and 4 cooks. All the needed kitchen equipment. 4 poker games, 1 skill game, 1 dart board, and a pool table that is 100% paid for.
This includes an Allegheny R License currently valued at $127,000.
This turn-key business sits in a small plaza with several additional businesses, ask about purchasing the plaza for the right price!
Asking Price: $215,000
Gross Revenue: $311,000
Liquor License: Yes, Allegheny R $127,000
Sq Ft: 1997 sq ft
# Of Seats: 50 total
FF&E: included, completely remodeled this summer $44,000
Real Estate: Leased, $1,750 5-year extension starts Jan 2024
Support/Training from Sellers: yes
Reason for Selling: A number of other businesses, son didn’t want to take over
Competition/Market Pros: On a busy traffic road 30,000 plus vehicles per average day
Growth and Expansion Opportunity: Social media, website
Vice President of Business Development
Newmark Knight Frank
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