At a Glance
Take over an existing restaurant just the way it is with its great reputation throughout Western PA or renovate to suit your needs.
Dough made fresh for you daily.
This could also be a great opportunity for an existing restaurant, brewery, or catering company to expand to a new location. A non-disclosure agreement required for more information.
Amazing price and has much potential for the right owner at $300K plus. Currently, hours were cut back; great staff is in place.
You could easily improve sales and profits by focusing on your bar business and some advertising. The owner is looking to retire from this location and pass the torch on to a new owner who has a dream of expanding and improving this wonderful location!
Owner training and support available
The Numbers
Asking Price: $350,000 - Additional price deduction for keeping the name and being a part of the licensing agreement.
Gross Revenue: $1,550,000
Cash Flow: $168,000
Liquor License: Yes Allegheny "R" $100,000
# Of Seats: 115 seats 50 in the bar area, 65 dining room
Listing Features
FF&E Included: Yes $118,000
Real Estate: Leased $8,972
Seller Financing: Yes
Support/Training from Sellers: Yes
Reason for Selling: Downsizing
“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
“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
“"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
“"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
“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
“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