Cobra | Restaurant Business for Sale | Bloomfield
Restaurant Business for Sale | Bloomfield
Marketing description
SVN Three Rivers Commercial Advisors is pleased to present a unique investment opportunity to purchase the locally renowned restaurant, Cobra.
Cobra features a Wagyu BBQ and Karaoke concept inspired by the prestigious craftsmanship of Japanese butchery and social nature of table side grilling. Complete with fixtures, furniture, equipment, a liquor license, and inventory, this establishment presents a lucrative opportunity.
Boasting high visibility from the Liberty Ave / Bloomfield Bridge intersection, this property provides a strategic position within the flourishing East End submarket and Bloomfield neighborhood. The property enjoys convenient access to an array of dining and retail destinations, capitalizing on the area’s vibrant energy. Pittsburgh’s top amenities are within minutes, as well as major employers in healthcare and technology.
For more information and to view the Offering Memorandum, visit: http://properties.svn.com/Cobra
Investment highlights
Cobra is a highly profitable restaurant & bar business which includes the goodwill, fixtures, furniture, equipment, liquor license, and inventory.
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.
10,196 Annual Daily Traffic on Liberty Ave and 16,655 ADT on the Bloomfield Bridge
Prime location in the heart of the vibrant Bloomfield neighborhood at the intersection of Bloomfield Bridge and Liberty Ave.
Property is 6,000 SF with 7 parking spaces
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