Established Turnkey Restaurant & Event Venue – Absentee-Run - Business for Sale
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Absentee-Run Restaurant & Event Venue in Allegheny County, PA
PA, US
Added 4 months ago
Restaurant & Event Venue
16 years in business
Absentee / Semi-Absentee
A restaurant and event venue in Allegheny County, PA, operating for over 15 years with absentee ownership, a liquor license, and a private event room.
Key Information
Asking
$1.1M
Revenue
$2.2M
Earnings
$245K
Multiple
4.5x
Key Highlights
- Years established: 16
- Number of employees: 40
- Liquor license (valued at $100,000 in Pennsylvania) included and transferable
- General manager has run the business for 8 years
- Eight employees have been with the business for over a decade
- Business is absentee-run
- All kitchen equipment and restaurant furniture included
- Modern Toast POS system and online reservation/ordering platform included
- Renewable lease on the building
Contact Info
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