Restaurant & Bar For Sale in Bradford County, PA

Sayre, PA
Bradford County

Asking Price: Annual Revenue:
$800,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant & Bar For Sale in Bradford County, PA Broker: United Country Property Specialists

Quick Facts

Asking Price: $800,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1928
Employees: Not Disclosed
BBN Listing #: 729624203
Broker Reference #: 31083-11500

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Business Overview:

Well-Established Restaurant & Bar For Sale in Sayre, PA

Mangilardo's Italian Restaurant is one of the oldest continuously family owned Italian restaurants in the country since 1933. 87 years of providing fine Italian-American cuisine to an ever expanding base of loyal patrons.

Frank & Ginevra Mangilardo purchased the Terminal Hotel on Sayre, Pennsylvania's East Side in 1928. The Lehigh Valley Railroads established one of the largest railcar shops & switching yards in the east and Sayre became a "Railroad Boom Town."  Mangilardo's  began housing railroad workers and feeding them at their hotel. The demand for Mother Mangilardo's excellent Italian cooking required them to open a full service restaurant & tavern.  The four daughters and two sons joined their parents in the continuous expansion of the business over the next 87 years.

Today Mangialardo's, operated by one of Ginevra's grandsons, carries on the old world Italian family recipes & food preparation techniques handed down through the generations.

The business is located on the ground floor of a 3 story 7,200 SF former hotel building which has recently been extensively renovated & upgraded. The kitchen is very efficient & designed for quality food output. The dining rooms seats 68 patrons and the bar seats 28. Customers come from a 50 mile radius as Mangilardo's is considered the Best Italian cuisine in the area.

This landmark restaurant-tavern business is being offered for the first time. It is well operated & profitable. Retirement prompts sale and seller will consider owner financing to a financially qualified Buyer.

For more properties like this one, head to United Country Real Estate!

Listing ID: 31083-11500

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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