Established Restaurant, Real Estate, Apartment For Sale
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Iceburgh's Bistro presents a rare turnkey opportunity combining an established restaurant, commercial real estate, and income-producing apartment in one complete package. Located in Irwin, Pennsylvania, this successful dining establishment has operated continuously since 2015, building a loyal customer base and strong community reputation.
FINANCIAL OVERVIEW:
• Annual Revenue: $527,000 (restaurant $515,097 + apartment rental $12,000)
• Cash Flow (SDE): $112,000
• FF&E Value: $96,000
• Real Estate Value: $449,000
• Asking Price: $749,900
BUSINESS FEATURES:
• 50-seat dining capacity in comfortable atmosphere
• Fully equipped commercial kitchen with professional-grade equipment
• Complete FF&E including POS system, furniture, and operational assets
• Two-bedroom apartment generating $12,000 annual rental income
• Established customer base with nearly decade-long operating history
• Prime location benefiting from residential density and commuter traffic
GROWTH OPPORTUNITIES:
• Extended operating hours and expanded catering services
• Online ordering and third-party delivery integration
• Enhanced digital marketing and social media presence
• Private parties, corporate catering, and loyalty programs
• Seasonal promotions and menu expansions
• Community partnerships and special events
The seller provides comprehensive transition support including training on daily operations, kitchen procedures, vendor relationships, inventory management, and POS system operation. This guidance ensures smooth ownership transfer for both experienced restaurateurs and first-time owners.
The restaurant has successfully differentiated itself in a competitive market through consistent quality, personalized service, and community recognition. The established operational systems, proven business practices, and recognizable local brand provide sustainable competitive advantages.
This unique offering appeals to owner-operators seeking real estate control, entrepreneurs wanting a turnkey restaurant, or investors pursuing multiple income streams. The combination of established business operations, commercial property ownership, and residential rental income creates a diversified investment opportunity with strong foundation for continued growth and expansion.
Business can also be offered without Real Estate $299,900.00
FINANCIAL OVERVIEW:
• Annual Revenue: $527,000 (restaurant $515,097 + apartment rental $12,000)
• Cash Flow (SDE): $112,000
• FF&E Value: $96,000
• Real Estate Value: $449,000
• Asking Price: $749,900
BUSINESS FEATURES:
• 50-seat dining capacity in comfortable atmosphere
• Fully equipped commercial kitchen with professional-grade equipment
• Complete FF&E including POS system, furniture, and operational assets
• Two-bedroom apartment generating $12,000 annual rental income
• Established customer base with nearly decade-long operating history
• Prime location benefiting from residential density and commuter traffic
GROWTH OPPORTUNITIES:
• Extended operating hours and expanded catering services
• Online ordering and third-party delivery integration
• Enhanced digital marketing and social media presence
• Private parties, corporate catering, and loyalty programs
• Seasonal promotions and menu expansions
• Community partnerships and special events
The seller provides comprehensive transition support including training on daily operations, kitchen procedures, vendor relationships, inventory management, and POS system operation. This guidance ensures smooth ownership transfer for both experienced restaurateurs and first-time owners.
The restaurant has successfully differentiated itself in a competitive market through consistent quality, personalized service, and community recognition. The established operational systems, proven business practices, and recognizable local brand provide sustainable competitive advantages.
This unique offering appeals to owner-operators seeking real estate control, entrepreneurs wanting a turnkey restaurant, or investors pursuing multiple income streams. The combination of established business operations, commercial property ownership, and residential rental income creates a diversified investment opportunity with strong foundation for continued growth and expansion.
Business can also be offered without Real Estate $299,900.00
About the Business
- Years in Operation
- 9
- Facilities & Assets
- The sale includes a fully operational, turnkey restaurant with all furniture, fixtures, equipment (FF&E), and business assets necessary for continued operation. The dining area offers seating for approximately 48 guests in a well-maintained atmosphere, complemented by a fully equipped commercial kitchen featuring professional-grade cooking equipment, refrigeration, prep stations, ventilation, storage, and dishwashing facilities. The property also includes a service counter, point-of-sale system, tables, chairs, décor, and operational equipment, allowing a new owner to begin business immediately. Additional assets include existing business goodwill, established branding, and a loyal customer base built over years of successful operation. Above the restaurant is a separately leased two-bedroom apartment that provides additional rental income and enhances the property's investment appeal.
- Website
- https://www.iceburghs.com/?utm_source=google
- Market Outlook / Competition
- The business operates in a well-established market with a diverse mix of local restaurants, regional dining establishments, and national franchise competitors. Its long-standing reputation, loyal customer base, quality food, personalized service, and prime location provide a competitive advantage within the marketplace. The restaurant has successfully differentiated itself through consistent customer satisfaction, strong community recognition, and repeat business generated over many years of operation. The surrounding trade area continues to benefit from steady residential density, nearby businesses, schools, and commuter traffic that support ongoing customer demand. While competition exists, the business has demonstrated the ability to maintain its market presence by delivering a quality dining experience, established operational systems, and a recognizable local brand that continues to attract both returning patrons and new customers
- Opportunities for Growth
- The business offers numerous opportunities for future growth and expansion under new ownership. Revenue can be increased by extending operating hours, expanding catering services, adding online ordering and third-party delivery platforms, enhancing social media and digital marketing efforts, and introducing seasonal promotions or special events. Additional opportunities include expanding the menu, increasing private party and corporate catering business, offering loyalty and rewards programs, and developing partnerships with local organizations and community events. The property's established reputation provides an excellent foundation for continued growth while the existing facilities can support increased sales without significant capital investment.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Owner retiring
- Transition Support
- The current ownership is willing to provide a reasonable transition period to ensure a smooth transfer of operations. Training may include daily operating procedures, kitchen operations, food preparation processes, inventory management, vendor and supplier introductions, point-of-sale system operation, scheduling, ordering procedures, and customer service standards. The buyer will benefit from established operating systems, proven business practices, and guidance on maintaining the restaurant's successful reputation. Existing vendor relationships, equipment operation manuals, and operational procedures can be transferred where applicable. This turnkey opportunity is ideal for both experienced restaurant operators and first-time owners seeking a well-established business with support during the ownership transition. Additional transition assistance may be negotiated between buyer and seller as part of the purchase agreement.
Listing Info
- ID
- 2517582
- Listing Views
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Listing ID: 2517582 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.
Businesses for SalePennsylvania Businesses for SalePennsylvania Food & Beverage Businesses for SalePennsylvania Other Food & Beverage Businesses for Sale
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