Established full-service restaurant and bar located in the vibrant town center of Hermitage, PA, offering exceptional dining and entertainment in a high-traffic corridor. This 9,500 square foot destination venue has built a strong reputation since opening in 2019, generating impressive annual revenue of $1,700,000.
BUSINESS HIGHLIGHTS:
• Strong financial performance with $140,000 in seller's discretionary earnings
• Prime location in high-growth area with excellent visibility and traffic counts
• Spacious facility accommodating casual dining, bar service, and special events
• Established customer base built over 5+ years of continuous operation
• Popular happy hours and live entertainment driving repeat business
• Outdoor seating enhancing customer experience and capacity
• Ample off-street parking supporting high-volume operations
OPERATIONS:
This turnkey operation features a full-service kitchen offering complete menu options, complemented by a popular bar area that serves as an after-work destination for the local community. The venue successfully hosts special events and offers live entertainment, positioning it as a true community gathering place.
GROWTH OPPORTUNITIES:
• Expand special events and banquet services
• Extend operating hours to capture additional revenue
• Leverage spacious layout for enhanced programming
• Build on established reputation in growing market area
FINANCIALS:
Asking Price: $475,000
Annual Revenue: $1,700,000
Cash Flow (SDE): $140,000
FF&E Value: $244,000
Inventory: $15,000 (included)
The business operates under a lease arrangement and includes $15,000 in inventory. The seller is considering exploring additional professional opportunities and is fully committed to assisting the buyer team during the ownership transition to ensure continued success.
This represents an exceptional opportunity to acquire a well-established, profitable restaurant and bar in a thriving Pennsylvania community with demonstrated growth potential and strong market positioning.
Ad#:2436640
