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Central PA's Premier Restaurant, Bar and Event Center


Central PA's Premier Restaurant, Bar and Event Center

 

Franklin County, PA

 

Asking Price:$3,500,000

Cash Flow:N/A

Gross Revenue:$2,464,246

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1995

Business Description

CENTRAL PA’S PREMIER RESTAURANT, BAR AND EVENT CENTER
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At a Glance
Are you ready to embark on a lucrative venture in the heart of Central Pennsylvania's bustling hospitality scene? Look no further! This well-established and highly regarded restaurant, bar, and event center is now available for sale. Situated in a prime location, this turnkey business offers a unique opportunity to own a thriving establishment with a loyal customer base and excellent growth potential.

Key Features:

Prime Location: This establishment is strategically located in the heart of Central Pennsylvania, attracting both locals and tourists alike. It enjoys high visibility and accessibility, ensuring a steady flow of patrons year-round.
Multi-Faceted Business: The restaurant boasts a diverse menu that caters to various culinary tastes, complemented by a fully stocked bar with a wide selection of beverages. Additionally, the event center hosts weddings, parties, corporate events, and more, generating additional revenue streams.
Spacious and Versatile: The property offers ample indoor and outdoor seating options, making it ideal for hosting events of all sizes. With multiple event spaces and an expansive outdoor area, the possibilities for growth are endless.
Established Brand: This restaurant has built a stellar reputation over the years, known for its exceptional food, welcoming ambiance, and top-notch service. It has a dedicated customer base and a strong online presence.
Full Liquor License: The business holds a valuable liquor license, allowing for the sale of a wide range of alcoholic beverages, which significantly enhances profitability.
Profitable Operation: This turnkey business is currently generating substantial revenue and boasts a strong financial history. It offers immediate ROI for a new owner or investor.
Growth Potential: The business has significant room for growth by expanding catering services, marketing efforts, and increasing event bookings. Implementing new concepts or extending operating hours can further boost revenue.
Fully Equipped: The sale includes all furniture, fixtures, equipment, and inventory required for smooth operations.
Knowledgeable Staff: A trained and experienced team is in place, making the transition to new ownership seamless.
Competitive Price: This offering represents an outstanding opportunity for aspiring restaurateurs, entrepreneurs, or investors, as the asking price is competitive and justifiable given the business's performance.
Don't miss out on the chance to own a flourishing restaurant, bar, and event center in one of Central Pennsylvania's most sought-after locations. Whether you're a seasoned restaurateur looking to expand your portfolio or an ambitious newcomer to the hospitality industry, this opportunity is too good to pass up.

Serious inquiries only. For more information and to schedule a confidential viewing, please contact us today. This is your chance to own a slice of Central PA's hospitality scene and take it to new heights!

The Numbers
Asking Price: $3,500,000

Gross Revenue: 2,464,426

Liquor License: Yes

Sq Ft: 24,000

# Of Seats: 935

Listing Features
FF&E: Included

Real Estate: Owned

Seller Financing Yes or No: No

Year Established: 1995

Support/Training from Sellers: Yes

Reason for Selling: Retirement

Map of Central PA’s Premier Restaurant, Bar and Event Center

Detailed Information

Location:
Franklin County, PA
Facilities:
Included
Support & Training:
Yes
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Business Website:
https://sofrankoadvisors.com/listing/central-pas-premier-restaurant-bar-and-even

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Justin Staub

Business Listed By:
Justin Staub

SOFRANKO ADVISORY GROUP, LLC

Phone Number

Sponsoring Broker:
Ronald A. Sofranko, Principal

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Listed By: Justin Staub

Background information

Reference:

23-319

Year established:

1995

Reason selling:

Retirement

Operations

Equipment:

Included

Premises

Square footage:

24000

Rent and lease terms:

Owned

Price and terms

Price:

$3,500,000

Financing:

No

Training:

Yes