LIQUOR LICENSE + REAL ESTATE AVAILABLE | OPERATES AT 40% CASH FLOW
At a Glance
This East End Pittsburgh Bar is newly remodeled and located in a high-traffic area. A classic Pittsburgh bar, this establishment already has consistently high cash flow and operates on a high margin. Real estate and city liquor license is available for the listed price. There is also a two-bedroom apartment that could be remodeled and rented out or renovated to add an additional bar or private event space.
This location is one of the most popular bars in the area. Locals and visitors frequent the location, which has indoor and outdoor seating.
The Numbers
- Asking Price: $1,125,000
- Includes City of Pittsburgh liquor license valued at $85,000
- Gross Revenue: $575,000+
- Cash Flow: $215,000+ (40% margin)
- Square Footage: Bar 1,500 + Basement 1,000 + Apartment
- # of Seats: 40 + Outdoor Space
Listing Features
- FF&E: Included
- Real Estate Available
- Support/Training from Seller: Yes
- Reason for Selling: Focus on other projects
Matthew J. Burek
Senior Vice President, Head of Sales and Business Development
412-779-1606
matt@sofrankoadvisors.com
“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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Christina
Maxwell's Pizza
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Bob's Beverage
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Big Shot Bob’s House of Wings
Big Shot Bob's House of Wings
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Sam's Pop & Beer
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The Vault
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Iron Creek