New Price: Downtown Bar & Restaurant w/ City Liquor License
DOWNTOWN PGH ITALIAN RESTAURANT WITH EVENTS/CATERING POTENTIAL
At a Glance
In the heart of Downtown Pittsburgh, this establishment is known for its thriving lunch business. With a front counter, main restaurant area, back event room, and bar area, this space has a lot of potential for private events, catering, lunch specials, and more.
The restaurant is close proximity to downtown office buildings including the BNY Melon Building and the US Steel Building. The landlord is amenable and will negotiate a favorable lease for the new buyer.
The Numbers
- New Asking Price: $295,000
was $475,000- Includes City of Pittsburgh "R" Liquor License valued at $85,000
- Gross Revenue: $500,000+
- Square Feet: 3,000
- #of Seats:
- Front: 20
- Back Room/ Bar: 50
- Dining Room: 50
Listing Features
- FF&E Included
- 4 TVs, 4 deck ovens, reach-in fridge and freezers, commercial oven, fryers, hood & ansul system, prep tables
- Year Established: 1976
- Support/Training from Sellers: Yes
- Real Estate: Leased
- Favorable Lease
- Reason for Selling: Retirement
- Close proximity to downtown office buildings etc.