You’re going to want this!! Seller Financing Available – Over 9000 annual contactable diners. Make an Offer Today!!
38 W. King St, Lancaster, PA 17603
At a Glance
Perfect location in downtown Lancaster on the major thoroughfare through the city and adjacent to the convention center with the largest hotel in the county, farmers market, and theater. A local favorite with an incredibly loyal customer base of nearby local residents and business professionals in the downtown corridor is on the market for the first time. The interior provides an open format with a large bar with seating, updated equipment, and historical accents like a fireplace with original wood flooring that is turnkey for the buyer.
The Numbers
Asking Price: $570,000 "Asset Sale, Make an Offer"
Liquor License: Yes "R" License ($390,000)
Sq Ft: 4,000
# Of Seats: 120
Listing Features
FF&E: Included - A technology forward and fully enabled space that includes a wired Toast POS system with handhelds, touchscreen expo, bar & kitchen ticket routing, and QR code table-side ordering. This is the perfect opportunity for a strong operator to hit the ground running as the active customer base of 9600 email-contactable annual active diners (with a 50% email open rate) provides the perfect jumpstart.
Real Estate: Leased
Year Established: 2018
Support/Training from Sellers: Yes - Grant funding is also available as part of the acquisition to help offset the buyer’s debt service as part of the PA Improvement Zone Grants.
Reason for Selling: Moving Out of Town
Justin Staub
Vice President of Business Development - Central Pennsylvania
717-609-2062
justin@sofrankoadvisors.com
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Jim
The Vault
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Christina
Maxwell's Pizza
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Randy
Bob's Beverage
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Big Shot Bob’s House of Wings
Big Shot Bob's House of Wings
“It was my pleasure doing business with Sofranko Advisory Group and my representative Paul Alexander. Paul showed true expertise in the sale of my bar & restaurant. He exceeded all expectations and closed my deal exactly how we discussed. He providing me with constant updates and feedback throughout the process. My experience was second to one. I would highly recommend using Sofranko and Paul in all sides of bar and restaurant business”
Justin
Iron Creek
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Newmark Knight Frank
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Terry
Sam's Pop & Beer