Asking Price: $550,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Buford's Kitchen is a spacious turnkey bar/restaurant with an outdoor patio area that offers stunning views of the city. You'll fall in love with the contemporary design of the space which is completely surrounded by galvanized metal and reclaimed wood. Perfectly located directly across from PPG Paints Arena and within walking distance to all of the major attractions in downtown Pittsburgh.
Below are a few highlights about the listing:
- 7,000+ square feet
- Outside Seating first floor and Rooftop Bar and dining
- Fully equipped commercial kitchen
- Separate catering & event space
- Private party room
- Two fully equipped bar areas
- Street parking and parking garages nearby
- Assets for sale: Liquor license, fixtures, equipment and inventory
- Must sign a non-disclosure agreement for more details
Check out the Virtual Tour: https://my.matterport.com/show/?m=uAhL3ppXSEW&utm_source=3
About the Business
Millions of dollars have been invested in this building and it is turnkey for your concept.
PPG paints arena hosts over 150 annual events and seats almost 20,000. This concept is directly across the street. Walkable from multiple hotels Cambria Hotel, Pittsburgh Marriot Center, Double Tree Hilton, Steps away from Duquense University campus. University employment is 2632.
Growth & Expansion:
41,500 people live within a 5-minute drive of this location. There is a 28 Acre master development former Civic Arena site taking place nearby for up to 1420 units of housing, 810,000 sq feet of office with retail and entertainment componets. You can get in the area very affordably with this opportunity.
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 & Conditions.