LARGE RESTAURANT WITH LIQUOR LICENSE OFF OF ROUTE 28, CENTRAL TO INDIANA, PUNXSUTAWNEY, KITTANNING.
At a Glance
This hometown restaurant is the only large, full-scale restaurant in the area with an extremely loyal and supportive customer base. People are willing to travel for fresh, homemade fare and they've seen extra takeout business since the pandemic struck. It also is only one of the available places for larger banquets/ parties in the area. The Armstrong County Liquor License is also very sought after as one of the few in the county.
This establishment is currently only open for dinner 4 days a week, so there is a lot of potential for growth and expansion, not to mention the expansion of the banquet and catering offerings. It also features a 3 bedroom apartment upstairs which can generate extra income.
The Numbers
- Asking Price: $275,000
- Armstrong County Liquor License valued at $65,000
- Gross Revenue: $150,000/yr
- Square Footage:
- Main Floor: 1600 sq. ft.
- Kitchen: 800 sq. ft.
- Downstairs Banquet Room: 900 sq. ft.
- Upstairs Apt: 1240 sq. ft.
- # of Seats: 100 Main Dining Room; 40 downstairs banquet room -bar
Listing Features
- FF&E Included
- Armstong County Liquor License Included
- Real Estate: Owned
- Year Established: 1995
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The Vault
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Maxwell's Pizza
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Big Shot Bob’s House of Wings
Big Shot Bob's House of Wings
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Sam's Pop & Beer
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Iron Creek
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Newmark Knight Frank
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