Well-Established Restaurant Bar & Grill

Not Disclosed, PA


Asking Price: Annual Revenue:
$424,500 $722,926

Food & Beverage: Bars, Clubs, Nightspots


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RE: Well-Established Restaurant Bar & Grill Broker: Jack Greenawalt Jr.

Quick Facts

Asking Price: $424,500
Annual Revenue: $722,926
Net Profit: Not Disclosed
Cash Flow: $143,876
Total Debt: Not Disclosed
FF&E: $66,165
Real Estate: Not Disclosed
Year Established: 1991
Employees: 12
BBN Listing #: 21634955
Broker Reference #: 2702-16419

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Business Overview:

This well-established restaurant/bar was started in 1991 by the owners. Its name is taken from a local historic town in the Laurel Run area. The restaurant is located in a rural setting and caters to the working crowd who travel to and from the county daily. Happy hour brings in locals for food and drinks. They serve basic bar food with daily homemade specials. Their proprietary recipe for chicken wings is a favorite menu item, and various steaks served Fridays and Saturdays are very popular as well. The restaurant opens at 7 a.m. and offers a full menu for the workers going home from the night shift. They serve breakfast all day. The building is non-smoking and family friendly. Families know they are welcome and feel at home dining here. There are no other places in the area where families can bring children to dine. The restaurant seating capacity is approximately 85 inside and 30 outside. Although, entertainment is not currently provided the facility is well-equipped with an excellent sound system and stage for performances.

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Property Features and Assets:

The building is 3,200 square feet, not including the patio. The patio has a full-service bar which has seating for 6 and table seating for 24. The patio area is smoking. The bar is equipped with three POS stations, two in the bar area and one on the patio. The restaurant has a camera security system that covers the parking lot, inside and the patio area. The building has a full basement that is dry and is used for storage. There are two air conditioning units for inside the bar and another for the kitchen area. The owners have always been proactive in their maintenance and upkeep of the building and equipment. They consistently replace and make upgrades to the facility. Part of the revenue has always been invested back into the business. This is evident by the clean and well maintained appearance of the property. Assets = $74,290.

Market Competition and Expansion:

The rural setting of the restaurant means that there is little competition in the family restaurant niche they serve. Post-pandemic, individuals and families are eager to resume their social interaction and lifestyle. The restaurant provides a comfortable setting in which to reconnect with old friends and begin new relationships within the local community. The restaurant has potential to increase sales through promotion via website development, social media and other advertising. A website would make customers more aware of what the restaurant has to offer and it would show its unique setting and features. Social media and other advertising would further enhance the restaurant's publicity and reputation in the area.

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is 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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