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Amazing Spot ! Beautiful Suburb in Pittsburgh, PA

Pittsburgh, PA
Salmon on the Porch
Salmon on the Porch
Asking Price:$395,000
Gross Revenue:$550,000
FF&E:$250,000
Cash Flow:$175,000
Rent:$1,900/Month
Established Year:2010
Listing ID: 2209485Listing provided by BizBuySell
BUSINESS DESCRIPTION

Text or Call me for Next Steps. Number on Web Site.

This is a great spot. Wonderful neighborhood of Aspinwall for this turnkey operation. Centrally located to Pittsburgh, PA . Easy access to Rt 28 . Its a well established restaurant for the last 15 years. It has one of the few outdoor bars in Pittsburgh, PA . Summer is our biggest time. Fall and winter have a pop up themed holiday bar . Events are scheduled year round. It is busy every day that i am opened. Restaurant is in order . Equiptment is all working, refrigeration is new and all of it serviced quarterly. Basement is painted every winter. New enclosure outside encloses the bar & the front including the door. Clientele is lovely. I have been of service to this neighborhood for some 40 odd years and have an amazing following. R liquor license is included w sale. Serious Buyers ONLY. You will need to be cleared to see the premises as we are in full operation.

DETAILED INFORMATION
Location
Pittsburgh, PA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,300
Lease Expiration
08/05/2036
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Indoor & outdoor areas. Partially enclosed outdoor. Parking lot adjacent to us.
Competition
In a great neighborhood that borders on several residential affluent areas. There are other restaurants in this area but we are the best. Great spot however you want to utilize it.
Growth & Expansion
There is a development going in across Freeport that will house 500 new residents. It is similar to Washington's Landing or Oakmont's Riverfront Development behind "The Lot" restaurant. Infrastructure is in beginning stages. First rights are included in lease to this prime property and lot in a very sought after neighborhood if building would ever go up for sale.
Financing
Cash purchase preferred. But possibly finance if the right agreement is reached.
Support & Training
I can stay and train you if we negotiate that.
Reason for Selling
Retiring. Health. Possible Relocation
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sheri rice
Phone Number
sheri rice
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