Turnkey Restaurant & Lounge Venue in Bloomfield
Business Description
SVN Three Rivers Commercial Advisors presents a unique investment opportunity to acquire this locally renowned restaurant/bar.
Value-Add Opportunity – Current sales are generated under passive, out-of-state ownership, with labor expenses significantly above industry averages. Local ownership could enhance efficiencies, tighten operations, and reduce costs. The business is also underinvested in advertising/marketing, presenting a clear opportunity to boost revenues.
FINANCIAL OVERVIEW:
Goodwill (3x Multiplier of NOI) $408,272
FF&E (Provided) $207,460
Liquor License (Market) $125,000
Inventory (Estimated) $40,000
Total Business Value $780,732
Total Business Value $780,732
LOCATION ADVANTAGES:
• Prime visibility
• Strategic position in flourishing East End submarket
• High traffic exposure
• Vibrant Bloomfield neighborhood with established dining and retail destinations
• Proximity to major Pittsburgh amenities and employers in healthcare/technology
PROPERTY DETAILS:
• 6,000 square feet of operational space
• Leased real estate arrangement
• Turnkey operation ready for immediate transition
• Established customer base and revenue history
BUSINESS STRENGTHS:
• Strong revenue performance with established operations
• High-visibility location in desirable market
• Comprehensive FF&E package included
• Proven concept with local recognition
This opportunity represents an attractive entry into Pittsburgh's dynamic restaurant scene with a differentiated concept, strong financial performance, and excellent location fundamentals. The business benefits from consistent operations, established brand recognition, and strategic positioning within one of Pittsburgh's most vibrant neighborhoods.
Ideal for experienced restaurant operators or investors seeking a turnkey hospitality venue with unique positioning and strong revenue generation in a growing market.
Value-Add Opportunity – Current sales are generated under passive, out-of-state ownership, with labor expenses significantly above industry averages. Local ownership could enhance efficiencies, tighten operations, and reduce costs. The business is also underinvested in advertising/marketing, presenting a clear opportunity to boost revenues.
FINANCIAL OVERVIEW:
Goodwill (3x Multiplier of NOI) $408,272
FF&E (Provided) $207,460
Liquor License (Market) $125,000
Inventory (Estimated) $40,000
Total Business Value $780,732
Total Business Value $780,732
LOCATION ADVANTAGES:
• Prime visibility
• Strategic position in flourishing East End submarket
• High traffic exposure
• Vibrant Bloomfield neighborhood with established dining and retail destinations
• Proximity to major Pittsburgh amenities and employers in healthcare/technology
PROPERTY DETAILS:
• 6,000 square feet of operational space
• Leased real estate arrangement
• Turnkey operation ready for immediate transition
• Established customer base and revenue history
BUSINESS STRENGTHS:
• Strong revenue performance with established operations
• High-visibility location in desirable market
• Comprehensive FF&E package included
• Proven concept with local recognition
This opportunity represents an attractive entry into Pittsburgh's dynamic restaurant scene with a differentiated concept, strong financial performance, and excellent location fundamentals. The business benefits from consistent operations, established brand recognition, and strategic positioning within one of Pittsburgh's most vibrant neighborhoods.
Ideal for experienced restaurant operators or investors seeking a turnkey hospitality venue with unique positioning and strong revenue generation in a growing market.
About the Business
- Facilities & Assets
- Highly profitable restaurant & bar business which includes the goodwill, fixtures, furniture, equipment, liquor license, and inventory.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,000
Listing Info
- ID
- 2398515
- Listing Views
- 114
Listing ID: 2398515 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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