Business For Sale

Upscale Casual Restaurant and Bar

Pittsburgh, PA
Allegheny County

Asking Price: Annual Revenue:
$3,000,000 $4,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Upscale Casual Restaurant and Bar Broker: Dave Ball

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $4,000,000
Net Profit: Not Disclosed
Cash Flow: $815,883
Total Debt: Not Disclosed
FF&E: $850,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 467438827
Broker Reference #: PITTSPA001-N633

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Business Overview:

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.        

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Reason for Selling:

Corporate owned restaurant is ready for a new Owner/Operator.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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