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Restaurant & Tavern - Upscale Dining
| Asking Price: | $799,000 | Inventory: | |
| Gross Revenue: | $560,000 | Real Estate: | $599,000 ++ |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The restaurant is located in Adams County. It is well known for its refined, modern American cuisine, influenced by classic French cooking - recognized as simple yet sophisticated. The business is well known far beyond Central PA, and its patrons travel from far and wide knowing that they will enjoy a truly unique and memorable dining experience. The ambiance is part of the charm of the business as the furnishings reflect a time of days gone by. The business features a main dining room, a fireplace room and a charming tavern. Located on the second floor are three smaller dining rooms which can be utilized for private dining and/or special occasions. Weather permitting, outdoor dining is available on the garden terrace. Lunch and dinner is available for any occasion from business meetings and casual lunches to anniversary celebrations, birthdays, and holiday parties. Special menus are available for these occasions as well as for bridal showers and weddings receptions. The business is also the perfect place to dine for a quiet night out. The charming environment and the irresistible food and drink make any occasion a time to remember. A more casual dining experience is available in the tavern. The popular tavern fare and beer that is available on tap from local breweries are favorites among the clientele. The tavern also features an eclectic selection of wine and innovative seasonal specialty drinks. Another attraction to the business is the live music in the tavern. On most Friday or Saturday nights, The business features live jazz, blues and/or acoustic music in its historic tavern. Artists representing many different musical genres travel from Philadelphia, Baltimore, Washington, D.C., New York and Central PA to entertain in the tavern.
About the Business
Year Established:2004
Employees:7 full time - 7 part time
Facilities:The main level, including the restaurant, tavern and kitchen is approximately 3,536 sq. ft. The second level, with the smaller dining rooms and additional rooms that could be used for overnight guests is $3,230 sq. ft. Hardwood floors, several fireplaces, wains-coating, and the furnishings are all in keeping with the historic flavor of the building. There is combined seating for 165 patrons. On site parking is available for 38 cars, and there is also additional street parking.
Market Outlook and Competition:This is an amazing opportunity to grow an already thriving business which enjoys a loyal following. The opportunity exists to extend the evening hours and remain open additional days. Although the seller has not utilized the hotel rooms on the second floor, there is the opportunity for additional income as a bed & breakfast.
About the Sale
Reason For Selling:Owner is planning to relocate.
Seller Financing:The Seller is not offering to finance the purchase price. Commercial financing is available with a local bank lender under the SBA small business loan program. MCA will assist a buyer with loan proposal development to secure financing at no fee to the buyer.
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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. Please review the full Disclaimer here.
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