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Italian Restaurant
Location Pennsylvania,United States
Asking Price Range < $250K
Gross Revenues $425000
Net Profit / Cash Flow $25000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1958
Number of Employees 10 - 19
Inventory 50000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Will stay & train and offer phone support.
Reason for Sale We have built this business and are nearing retirement. In order to realize the future potential we will have to invest back into it at a time when we should be diversifying our assets. A strategic larger company could leverage our assets to achieve much
Description This is a family owned and operated restaurant for sale. A Pittsburgh Icon and family dining Tradition. Rated best pizza for many years. We proudly serve Authentic Italian cuisine. The restaurant seats 160 with a full menu, complete bar and Outdoor Cafe. Luncheon buffets Monday thru Friday. Offering Homemade Italian specialties, Antipasto, Fresh Dough Pizza, Veal, Chicken and Seafood. The Lounge has 50 Imported Beers, 6 Drafts and a Good Selection of Wines. Take-outs, Delivery by Meals Delivery, Catering with full catering equipment, china and lines to service 300. Access to 100+ Pharmaceutical Reps. Caterer for Bidwell, Pittsburgh Brewing, Ross community, Calvery Church, Parkview Social Hall, Pittsburgh Housing Authority and U.S. Army - MP division.
A Landmark building - parking for 60 vehicles. Corner location with 20,000 CPD.
Restaurant has 5,500 S.F. with large kitchen, and plenty of storage areas, beautiful Terrazzo floor. 2 walk in coolers and one walk in freezer. Newly installed Ductless A/C, Surveillance camera's and security locks, Newly upgraded POS - credit card compliance, and a private office.
Website listed on Restaurant.com, Kiosk in 6 Major Downtown Hotels, and nearby Pitt and Carnegie Mellon Universities. Clever Returns Marketing Service with 1,800+ Loyal Customers email Database. Moving Target delivering (high return rate) to new homeowners.
Located in the hottest/fastest growing market in Pittsburgh, PA. Home Depot, Whole Food, AAA, Giant Eagle, Staples, Trader Joes, Marriott Suites, UPMC Hospitals, Club One Health Fitness center, Newly opened center with Liquor store, Borders, Starbucks, PNC bank, Ground breaking for two new hotels. Target and Bakers Square (formally Nabisco). Asking $150,000. Business, liquor license, food and beverage inventory and FF&E. Email or call 412-361-6923.
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