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Multi-unit upscale casual restaurants

Pittsburgh, PA (Allegheny County)

Multi-unit upscale casual restaurants
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Asking Price: $4,500,000

Cash Flow: $875,185

Gross Revenue: $10,927,732

EBITDA: N/A

FF&E: $1,500,000

Inventory: N/A

Established: 1998

Multi-unit upscale casual restaurants

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Business Description

Long established restaurants-upscale casual multi-unit concept with proven operations model and consistent revenues in excess of $16,000,000. Opportunity to purchase the full package-the brand, intellectual property, some real estate, and all assets of this highly successful regional platform. This renowned restaurant chain has the infrastruture and resources for a new owner to continue to build and grow into new territories.

Detailed Information

Location:
Pittsburgh, PA
Employees:
485
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Facilities specific information available with NDA and pre qualification.
Competition:
Competitors include the national chains such as, Bonefish, Cheesecake Factory, Melting Pot, plus several other similar concepts. However, prominent neighborhood connections, comfortable dining experience, elevated service and value-driven pricing, and definite market brand recognition create a competitive advantage superior to all.
Growth & Expansion:
Corporate infrastructure, proven operations model, quality training programs in place, and new market opportunities, all will foster successful expansion/growth for a new owner.
Support & Training:
Sellers will provide transition time based on the requirements of the buyer.
Reason for Selling:
Other Interest
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Dan Huckestein

Business Listed By:
Dan Huckestein

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Sponsoring Broker:
Elaine Nunn

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