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and Bar For Sale

326
Pittsburgh, Pennsylvania, United States
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Asking Price$3,000,000
Revenue$4,000,000 EstablishedUndisclosed
Cash Flow$815,883 EmployeesUndisclosed
FF&E$850,000* FranchiseNo
Inventory$31,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
High performing casual restaurant business for sale in the Pittsburgh, PA region.  This business is well known in the area and is a great place to go for a good time.  The business has a diverse menu with many signature dishes.  It also has a full service bar that carries a wide variety of liquors and beer.  This business generates revenue that is approaching $5,000,000 annually and has an adjusted cash flow of over $800,000.  The property is not owned by the business owner but he has secured a long term lease.  The furniture, fixtures and equipment are in excellent condition and are valued at over $800,000 and are included in the sale.  The buyer for this business could be an experienced restaurant operator or a high net worth individual that is looking for a passive or active business opportunity.  Because of the strict confidential nature of this business being for sale, potential buyers will need to sign a confidentiality agreement and also provide financial disclosure that proves they have the ability to secure financing to purchase this business.
Sale Reason:Corporate owned restaurant is ready for a new Owner/Operator.
Ad #100038
Seller Reference #PITTSPA001-N633
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Contact This Seller
Dave Ball
(412) 380-0590
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