Iconic Bar and Restaurant

Financial Information

  • Asking Price: $350,000
  • Gross Revenue: $765,154
  • Cash Flow: $189,000
  • Down Payment: 0
  • FF&E (Included): $75,000
  • Inventory: $10,000
  • Financing: No

Business Location

  • Allegheny
  • Pittsburgh
  • Pennsylvania
Primary Business Category: Accommodation and Food Services

Fantastic neighborhood bar and restaurant business for sale in the Pittsburgh, PA general area.  This is a rare opportunity to own a very popular bar and restaurant in a great area with an abundance of residential homes and businesses.  This turnkey business has been operating for over 50 years and has been very profitable.  Customers of this business would describe this bar and restaurant as a place to have a good time with a great atmosphere.  This business has a great reputation in the area and has many loyal customers who visit this location often.  Included in the sale is a Pennsylvania liquor license, fully equipped kitchen, furniture, fixtures, equipment and inventory. This location has a very attractive large bar with lots of seating in the main area.  It also has an additional room for overflow seating.  There is very little competition in the immediate area and this business is ready to come out of the pandemic swinging. The owner is retiring after decades of owning and managing this iconic bar and restaurant.  The business owner also owns the property and is willing to lease the location for a very reasonable price. For additional information contact Chuck Fink, Senior Sunbelt Certified Business Broker at 412-310-6667 or email at [email protected]

Reason For Sale
Owner wants to retire
  • Home Based: No
  • Year Established: 1940
  • Franchise: No
  • Year Acquired: 2019
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: 6
  • Hours Open: 11:00 AM to 12:00 Midnight
  • Fulltime Employees: 2
  • Part time Employees: 4
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: N/A

Contact Business Broker

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Business Listed by

Sunbelt Pittsburgh

Contact: Chuck Fink
Office Phone: 412-380-0590
Mobile Phone: (412) 310-6667
Listing ID: PITTSPA001-N687

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