Established Turnkey Restaurant & Event Venue – Absentee-Run

  • Pennsylvania
  • Allegheny County
New
Established Turnkey Restaurant & Event Venue – Absentee-Run

Asking Price: $ 1,100,000

Cash Flow: $325,000

Gross Revenue: $2,200,000

FF&E: $75000

Inventory: $

Year Started: 2010

Business Description

This highly successful, long-standing restaurant is now available for acquisition. In business for over 15 years, it has built a stellar reputation with more than 1,500 glowing online reviews and a loyal customer base.

The business is fully turnkey with updated systems and operations in place. Features include:
– Liquor license (valued at $100K in Pennsylvania) transferring to the new owner
– Modern Toast POS system and online reservation/ordering platform
– Spacious private event room perfect for hosting showers, birthdays, and celebrations
– A full suite of kitchen equipment and restaurant furniture included

With 40 experienced employees, including a general manager who has successfully run the business for 8 years, this opportunity can remain hands-off for an owner seeking an absentee model. Eight employees have been with the business for over a decade, adding further stability.

The restaurant operates out of a beautiful, modern building with a renewable lease, making this an attractive long-term investment. The current owner is largely absentee but is willing to assist with a smooth transition.

This is a rare opportunity to step into a thriving, well-managed restaurant with consistent revenues, a dedicated team, and everything in place for continued success.

Detailed Information

  • Location: Pennsylvania
  • Industries: Restaurants & Food
  • Rent: 6000
  • Employees: 40
  • Age of Business: 15
  • Reason for Selling: Moving
  • Seller Financing: Yes
  • Established After Year: 2010

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