Chef Inspired, Global Cuisine, Restaurant& Craft Bar, Liquor License

Centre County, PA
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Asking Price:$250,000
Gross Revenue:$537,162
Rent:$5,900/Month
FF&E:$69,625
Cash Flow:$79,870
Inventory:$6,000
EBITDA:$17,870
Established Year:2020
BUSINESS DESCRIPTION

This charming full service, dine-in restaurant and craft bar is the main feature of 19th century historic building in town square of this local patron and tourist/visitor friendly town (12 miles from State College, home of Penn State University). The restaurant feature a menu of global cuisines all locally sourced from the farms in the Centre County, PA area. The restaurant is set in a popular, frequently visited, historic area that features well-preserved Victorian architecture, a charming downtown walking trail and park, trout fishing and a rich history story. The restaurant features exposed brick walls, wooden beams, and large windows that offer picturesque views of the nearby creek, and a large outdoor seating deck, creating the perfect social and relaxing dining and meeting place atmosphere.
The menu includes farm-to-table dining, offering a selection of dishes that highlight locally sourced ingredients. The cuisine is a mix of American classics with International tastes, with a contemporary twist, often featuring seasonal and fresh produce. The restaurant has been praised for its creative and flavorful dishes, attentive service, and the overall dining experience.

In addition to the main dining area, also has a bar area where guests can enjoy craft cocktails, local beers, and a well-curated wine list. The outdoor seating by the creek is particularly popular, especially during warmer months, providing a serene and scenic backdrop for dining.

A great spot for a relaxed yet refined dining experience, whether you’re looking for a romantic dinner, a casual meal with friends, or a special celebration. The business sale includes a fully open and operating bar and casual dinning restaurant with seating for up to 60 dine-in customers, bar seating for up to 10 and an additional patio deck outdoor seating for 25. Fully designed and renovated by the owner/operator/chef, the restaurant and bar offers a fully equipped production kitchen able to service a lunch and dinner patrons as well as weddings and special events as well as a casual bar-tavern environment for happy hour and evening social gatherings. The restaurant entrance is integral with the existing inn and reception area and has a section that overlooks the lobby area. A full Hotel Liquor License is included in the existing Management Agreement for the business and there is full dine-in service of beer, wine and cocktails at the bar and at dining seating. Existing staff includes a sou chef an experienced cook, several bartenders, a serving staff all ready to make a brunch, dinner or event dining experienced memorable and relaxed.


DETAILED INFORMATION
Location
Centre County, PA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,650
Lease Expiration
30/09/2025
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2nd floor restaurant and bar located in a historic, 19th century building building featuring lobby and outdoor deck seating in addition to interior dinning room and bar seating. Restaurant assets include hallway/staircase lounge, dinning area, bar area, kitchen, basement storage and office and outdoor deck seating. This restaurant is under a Management Agreement which includes Hotel Management Company Liquor license that runs with the existing lease.
Competition
Exception market conditions for this highly tourist and upscale, cozy country town environment with the immediate adjacency and access to State College, PA (home of Penn State University). The restaurant is a featured centerpiece for the downtown, town square environment.
Growth & Expansion
Opportunity to expand exiting special events and party business as well as off-premises catering.
Support & Training
Existing chef willing to transfer all menus, methods and process for its unique menu including up to 2 weeks of training and orientation of the restaurant, kitchen and bar operations.
Reason for Selling
Relocating out of the market to pursue new business opportunities.
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Mark
Mueller
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Mark Mueller