Full service restaurant and bar business for sale in Westmoreland County, Pennsylvania.  This business has been operating for over 30 years and is one of the best known restaurants in the area.  This business is located east of downtown Pittsburgh.  There is ample parking in the area that includes parking lots and on street parking.  The stand-alone building has been taken care of and is one of the nicest buildings in the area.  When entering the restaurant, a customer knows they are walking in to a comfortable environment.  The restaurant has family style eating areas and also a large full service bar.  With approximately $1,000,000 in revenue, this business has provided for the owner’s family for many years and would be a great opportunity for a new owner.  A complete financial packet of information will be available to qualified buyers.  Our firm has relationships with many local and national financial institutions who may be interested in providing financing for the purchase of this business.  An example of financing could look like the following:
 Purchase Price:  $659,000
Down Payment:  $66,000  (10% of purchase price)
Interest Rate:  5%
Term: 17 years (blended for RE and Business)
Monthly Payment:  $4,320
Annual Payment:  $51,840          

Posted Mar 11, 2016

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