Living Farm, Wedding Venue, Farm-to-Table Rest. On-Site Catering

State College, PA

Seller Financing Available

RE Farm Cafe
Asking Price:$3,900,000
Gross Revenue:$691,384
EBITDA:$73,678
Real Estate:$3,770,370
Cash Flow:$73,678
Inventory:$3,250
FF&E:$639,373
Established Year:2018
BUSINESS DESCRIPTION

Business and Asset sale of a fully operational farm, wedding and event venue(Windswept Farm) and a Farm to Table Restaurant with on-site catering (RE Farm Cafe). The business is on a 27 acre working, regenerative and sustainable farm, set in the shadow of Allegheny Mountains and 10 minutes from State College, PA (home of Penn State University). The property and business is a registered Living Building Challenge environment, through the International Living Future Institute. The fully operating and turnkey restaurant was built from the ground up in 2018 as a 3,677 sqft., 50 Seat casual dining cafe, with dine-in table and chef's counter service and includes a small wine and cocktail bar/lounge area. The restaurant features a menu of meals that are farm grown, organically friendly vegetables, fruits, pasture raised, grass fed meats, pork and poultry and prepared by the current chef/owner and cafe staff.

The cafe building is an eco award winning design and features all electric, induction, non-combustable cooking appliances powered by a fully regenerative, Net Zero+ solar energy system. The building was full designed to be self powered, energy efficient and built with many natural and eco friendly building materials. The dinning area features local sourced wood floors and framing, wood beamed & vaulted ceilings, large natural wood fans, and has an impressive view of the open working kitchen and food prep areas. The interior and exterior dining areas also offer an expansive and scenic view of the surrounding pastures, orchards and growing fields, backdropped by the Appalachian Mountain range.

The 27 acre farm has 6 acres of vegetable growing fields, 10 acres of pastures and up to 30 acres of rotational grazing for sheep, goats and chickens. The property also features a small residential tiny house and plenty of space and utility capacity to construct new home for the future live-in business owner/operator or investor.

The restaurant services a variety of local residents, college employees and students and regional visitors and is well known and recognized in the trading area. The farm /cafe also benefits from multiple revenue streams including hosting private/social events and weddings, an educational cooking training and demonstation program, an on-site farm stand store, and a local Farmer's Market and wholesale produce business. This farm and restaurant is well suited for a retired couple or owner/operator/investor seeking a quiet, cozy country living lifestyle with a hands-on restaurant and kitchen business operation.

As the restaurant is only open 3 days per week, there is strong revenue growth potential to operate additional days and evenings, expand the wholesale business, create an expansive farm stand business, enhance the natural mountain view event venue and even the potential to create a bed & breakfast or tourist / guest farm retreat in a fully sustainable farm environment. RE Farm Cafe, offers a unique dining experience that serves as a community resource providing educational opportunities while expanding the diversity of agricultural growth opportunity. Windswept Farm was designed to optimize a healthy community of individuals who value our natural environment, sustainability, have a concern for the future, and a commitment to healthy food, grown with responsible intentions. In addition to providing a community resource for sustainability, the farm & business provide a living, working lab for the public, university students, farmers, school aged children, and learners of all ages. The cafe will enhance the quality of life for the community by offering an innovative opportunity to learn, participate, and experience true, realistic sustainable practices through a unique dining experience.

The RE Farm Cafe at Windswept Farm business opportunity and lifestyle environment is unique, innovative and profitable Please see the web link below for additional photos, details and videos.


ATTACHED DOCUMENTS
Site Plan.pdf Download

DETAILED INFORMATION
Location
State College, PA
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,677
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3,677 sqft. restaurant building, deck, gazebo, outdoor kitchen, large outdoor patio dining areas, ample parking for guests. 2-story, 2 Bed/2 Bath Loft Apartment, a 4,264 sf multi-purposed outbuilding (with 420 sqft for thefarm store, 2,852 sf equipment garage, 992 sf food preparation shed with 192 sf walk-in chiller. The business assets include all food processing and farm equipment, farm vehicles, and existing farm livestock. On-site is a fully on-the-grid solar array regenerative system, fresh water well, storm detention ponds and septic system.
Competition
There is little local competition for this use in the existing market. Local restaurants and farm cafes are not of this caliber or theme with sustainability, regenerative and energy awareness venue, or build-out to this extent. This offering is very upscale in nature and has the ability to appear to the local, growing, and upscale residential component of this community.
Growth & Expansion
This are numerous expansion and growth opportunities for this business: - Air BNB Development - Expansion of Wholesale Business (farm produce) to online, farmers market, restaurants - Growth of the existing “Organic Farm Stand” Business - The Restaurant only open two days per week and there is opportunity to serve meals seven days per week - Expansion of emphasis on teaching and educational aspect of farm and cafe operations - Regional and statewide promotion of the Farm Event Venue to attract and book corporate and private events every weekend
Financing
Existing 4.5%-5.6% Interest, Assumable Construction and Sustainable Improvement Loan
Support & Training
Sellers/Owners are willing to stay on as Chef and Business Consultants for the Farm and Restaurant Business.
Reason for Selling
Owner is Retiring

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Mark
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Mark Mueller