Profitable Southside Restaurant & Bar

Pittsburgh, PA (Allegheny County)

Profitable Southside Restaurant & Bar
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Asking Price: $695,000

Cash Flow: $150,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: N/A

Profitable Southside Restaurant & Bar

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Business Description

East Carson Street literally runs the whole gamut of the South Side, from flashy Station Square to hip and urbane SouthSide Works. In between these two entertainment and shopping destinations, though, lies a unique neighborhood with a crunchy, urban feel.

Two- and three-story Victorian buildings now have unique stores (like Groovy, a must-see for anyone who was a kid in the '70s and '80s), coffee shops, some of the city’s finest restaurants and bars, bars, bars. A lot of people say the South Side is where Pittsburgh goes to play!

The Numbers…
1,800 SQ FT WITH OUTDOOR PATIO
100,000+ daytime population with 65,000 students and faculty nearby
$150K CASH FLOW
$1M+ ANNUAL SALES
Asking price: $695,000.00

Listing Features…
HIGH VISIBILITY SOUTHSIDE LOCATION
BELOW MARKET ASSIGNABLE LEASE
Fully Equipped Kitchen
Outdoor Patio seating
Asking price includes all FF&E and City of Pittsburgh Allegheny County ‘R’ Liquor License (valued at $80-85K)

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Reason for Selling:
Seller is pursuing other business ventures
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Contact the Seller

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Jocelyn Bishop

Business Listed By:
Jocelyn Bishop

SOFRANKO ADVISORY GROUP, LLC

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Sponsoring Broker:
Ronald A. Sofranko, Principal

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