Premier Upscale Restaurant & Banquet Venue
Business Description
Premier Upscale Restaurant & Banquet Facility – Lehigh Valley, PA
Rare opportunity to acquire an established upscale restaurant and banquet operation in the growing Lehigh Valley.
Offered at $1,000,000 for the operating business, furniture, fixtures and equipment (FF&E), with the facility available under a long-term lease.
The business operates from an impressive 12,000+ SF purpose-designed facility featuring multiple dining and entertainment areas, a private banquet facility, three full-service bars, an expansive commercial kitchen and abundant on-site parking.
The layout allows restaurant dining, bar and lounge service, weddings, corporate events, banquets and private functions to operate simultaneously, providing multiple potential revenue streams within one facility.
A substantial investment has been made in the facility, commercial kitchen and FF&E, providing a new operator the opportunity to acquire an established venue without the significant time, construction costs and capital investment required to develop a comparable operation from the ground up.
Located in the Lehigh Valley, one of Pennsylvania's growing commercial and residential markets, the business benefits from continued development, employment growth and regional economic investment.
This opportunity may be particularly well suited for an established restaurant group, hospitality company, multi-unit operator or experienced restaurateur seeking a significant presence in the Lehigh Valley market. The existing concept may be continued or the facility repositioned for a new concept.
Real estate ownership may also be considered as part of a negotiated transaction for qualified buyers.
Strictly confidential. NDA and buyer qualification required prior to disclosure of the business identity, exact location, financial information, lease terms and additional property details.
Rare opportunity to acquire an established upscale restaurant and banquet operation in the growing Lehigh Valley.
Offered at $1,000,000 for the operating business, furniture, fixtures and equipment (FF&E), with the facility available under a long-term lease.
The business operates from an impressive 12,000+ SF purpose-designed facility featuring multiple dining and entertainment areas, a private banquet facility, three full-service bars, an expansive commercial kitchen and abundant on-site parking.
The layout allows restaurant dining, bar and lounge service, weddings, corporate events, banquets and private functions to operate simultaneously, providing multiple potential revenue streams within one facility.
A substantial investment has been made in the facility, commercial kitchen and FF&E, providing a new operator the opportunity to acquire an established venue without the significant time, construction costs and capital investment required to develop a comparable operation from the ground up.
Located in the Lehigh Valley, one of Pennsylvania's growing commercial and residential markets, the business benefits from continued development, employment growth and regional economic investment.
This opportunity may be particularly well suited for an established restaurant group, hospitality company, multi-unit operator or experienced restaurateur seeking a significant presence in the Lehigh Valley market. The existing concept may be continued or the facility repositioned for a new concept.
Real estate ownership may also be considered as part of a negotiated transaction for qualified buyers.
Strictly confidential. NDA and buyer qualification required prior to disclosure of the business identity, exact location, financial information, lease terms and additional property details.
About the Business
- Currently Home Based
- Yes
- Facilities & Assets
- Furniture, Fixtures, Equipment, and Inventory
Liquor Lincense (Must stay with building)
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 12,700
About the Sale
- Financing Options
- Some owner financing may be available with down payment and signed lease
Listing Info
- ID
- 2531450
- Listing Views
- 146
Listing ID: 2531450 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SalePennsylvania Businesses for SalePennsylvania Food & Beverage Businesses for SalePennsylvania Restaurants Businesses for Sale
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