Restaurant
Location Pennsylvania,United States
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2002
Number of Employees 10 - 19
Inventory $10,000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Yes.
Reason for Sale Relocation.
Description The restaurant was established in 2002 by the current owners. It features Neo-American Upscale Casual cuisine. We are known for the finest quality, aged 70 days, Prime beef and fresh seafood. The menu is chef driven with all items prepared from scratch, and 3-5 special offerings daily. There are no legal matters pending.
The business operates out of an approximately 5000 sq foot space with an 1100 sq foot apartment attached. The restaurant interior is light, airy, and comfortable with seating for 97 in the main dining room, a separate smoking dining room seating 35, and bar seating for 25. There is an additional banquet room that accommodates 100 seated guests, or 150 for cocktail reception. The kitchen is turnkey with a combi-convection oven, 40 quart mixer, 8 burner stove, char grill, 2 low boy ovens, Vulcan broiler with au gratin above and convection oven below, walk-in, and separate dry storage. The lease is assumable and assignable.
There is no restaurant in the area that is equal in concept or freshness. Food quality, professional service, and ambiance are unmatched.
To increase revenue and profits it is recommended that the new owner(s) continue to emphasize consistent, quality food and service. Marketing to local hotels should be continued, and expanded to include tourist attractions under development. A water park and casino gambling are in the works.
The owner is willing to negotiate staying for 3-6 months to facilitate a smooth transition. A Non-Competition Clause will be exercised for the surrounding area. Contact for more information on this Restaurant business for sale.
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