Bar/ Restaurant w/Real Estate In Area Undergoing Billions in Dev

Asking Price$1,519,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Bar/ Restaurant w/Real Estate In Area Undergoing Billions in Dev


Asking Price$1,519,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Nestled in the bustling heart of North Side of Pittsburgh at 520 East Ohio Street, is Fat Cat Bar & Restaurant. This spot in the 3-block business district, near recently announced $1B Allegheny General Hospital expansion is an attractive asset for any buyer.

The restaurant is located on the first floor in two rooms. There's a bar space which seats 40 with a 240-foot custom bar top tap system, exposed and treated brick dating back to 1888, original tin ceiling, unique lighting. The other room seats 40 patrons with comfortable booth seating, acoustic panels and two large high definition TVs. The fully-outfitted, open front kitchen is also on the first floor.

The second floor features 2 large office or apartment spaces complete with a shower and locker rooms. In addition the second floor boasts a vibrant event venue with a 24 foot bar top, custom built stage for entertainment with a capacity for up to 120 patrons. There's also a 900 sq. ft. refinished outdoor patio space, and an accessible and large parking lot with up to 100 spots.

The 3rd floor is a 1,500 sq. ft. open canvas for potential apartment/office space with mechanical access and hook ups set in.
About the Business
Facilities & Assets
# Of Seats:
1st floor: 85
2nd floor: 120
3rd floor: potential for 80 plus

FF&E: Includes chef-ready hood system, grill, stovetop, prep station, fryers, slicer station, 18x8 walk-in cooler (with dual entry for deliveries) and much more
Website
https://sofrankoadvisors.com/listing/bar-restaurant-with-real-estate-on-the-nort
Market Outlook / Competition
Located in the North Side near recently announced massive expansion of the Allegheny General Hospital campus bringing jobs and people to the area.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,000
Listing Info
ID
2237656
Listing Views
1913
Business Location

Contact Seller

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Business Listed by: Edmund Leone SOFRANKO ADVISORY GROUP, LLC

Listing ID: 2237656 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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