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Listing Broker Information

Tony Darcangelo
President & Managing Partner
Mr. Darcangelo was appointed President of MCA Business Brokers by the Board of Directors of Central Penn Business Brokers, LLC, on September 15, 2005.

Tony has over 25 years of professional experience as a local business owner and as a former corporate executive. He earned a Bachelors of Science Degree in Business Administration & Marketing from the Penn State University. Tony is a 2005 graduate of Donna Dailey’s SCHOOL OF BUSINESS BROKERAGE. This the only educational program of its kind exclusively focused on the practice of 'Main Street' business brokerage.

Tony is most proud of his accomplishments as a local entrepreneur and business owner. He was the founder of a medical staffing franchise in the Harrisburg area in 1993 and served as the Executive Director. He and his partners sold this business in 1997. MCA Business Brokers served as the 'intermediary' and advisor on the sale.

In 1998, Tony became a Partner in a Harrisburg based private equity group that acquired a local staffing company and served as the President of that company until 2001. During his tenure, he and his partners significantly expanded the company's market share throughout the region.

Tony continues to serve as the President and Managing Partner of MCA Business Brokers. He is a PA Licensed Realtor with a strategic alliance with Mid-Atlantic Realty Group, LLC. He specializes in working with sellers of businesses, business properties and commercial investment real estate sales and leasing. He works with prospective business buyers to educate them on the acquisition process and locate a business that exceeds their professional and personal objectives.

As a Harrisburg native, Tony is passionate about the small business community in South Central Pennsylvania. As a business owner himself, Tony understands the challenges of business ownership. His diverse experiences include: business start up, turnaround and planning a successful exit strategy.

Active in the community, Tony is a proud member of Colonial Park Rotary, Colonial Country Club and the PHR Youth Baseball Association. He also supports many charitable organizations as a leader in the business community.

email: tony@mcabizbrokers.com

phone: 717-657-7000 / 717-756-0443

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BusinessesFor Sale

Listing Information

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Sports Bar & Restaurant
Listing ID: 1238	Location: Harrisburg, PA
Brief: NEW LISTING 3-29-10: The Italian Restaurant opened in 2006. The Sports Bar opened in early 2009 with the acquisition of the space next to restaurant and the purchase of a liquor license. The Restaurant and Sports Bar are connected with a large kitchen in the middle that can serve patrons on both sides for an efficient and unique work flow. Unlike many Sports Bars, this one serves food up until midnight every day of the week to accommodate the hotel traffic in the area and the late night crowd.

Listed Price:

$750,000

Total Sales:

$625,000.00

Seller's Discretionary Earnings:

N/A

Fixtures Furniture, & Equipment:

(Included in Listing Price)

Real Estate:

Inventory:

(Included in Listing Price)

Financing / Terms:

The owner will consider some seller financing. Commercial financing is available with a local bank lender under the SBA small business loan programs. MCA will assist a buyer with loan proposal development to secure financing at no fee to the buyer.

Business Information

Year Established:

2006

Number of Employees:

3 Full Time / 3 Part Time

Days and Hours of Operation:

Monday to Saturday: 11:00am to Closing Sunday: 12:00pm to Closing

Relocatable:

Franchise Information:

The business is not a franchise. The business name, menu, operating procedures and the PLCB license will transfer to a new owner. An assignment of the existing lease will be provided.

Facilities / Location:

The business opened only a few years ago so the leasehold improvement and furniture, fixtures and equipment are considered “like-new.” The restaurant side is 2,300 square feet and has seating capacity for 80 patrons. The intitial term of the lease was for 5 years with two-five year renewal options. The Sports Bar is 4,700 square feet and seats 90 patrons plus 25 to 30 patrons at the bar. The Sports Bar side was acquired and leased two years following the initial build out and lease of the space for the restaurant. The landlord is offering a sigle lease for the total space for 10-years with a renewal option. Outside seating is permitted by the landlord and 50 to 60 patrons can be seated comfortably.

Lease Information

Lease Expiration Date:

Option:

Monthly Rent:

Additional Information

Reason for Selling:

Business Description:

The Italian Restaurant opened in 2006. The Sports Bar opened in early 2009 with the acquisition of the space next to restaurant and the purchase of a liquor license. The Restaurant and Sports Bar are connected with a large kitchen in the middle that can serve patrons on both sides for an efficient and unique work flow. Unlike many Sports Bars, this one serves food up until midnight every day of the week to accommodate the hotel traffic in the area and the late night crowd. With Both the Restaurant and Sports Bar open in 2009, the revenue increased dramatically from 2008. Growth will continue in 2010 as the Sport Bar is better utilized for large private parties year round, especially for holiday parties. The owner estimates that monthly revenue could exceed $100,000 in the summer months with hotel traffic from visitors to the Harrisburg/Hersehy area. The positive word of mouth has been tremendous and the word is spreading quickly about the awesome atmosphere, spacious bar and great food.

Potential for Growth:

This is an owner operator business opportunity. The upside potential is tremendous considering the “A” location with access to both local traffic and tourist traffic from the numerous businesses and hotels within a few miles of the establishment. The catering business could easily be expanded and become a significant source of incremental revenue. The business can now host large groups for parties with the opening of the Sports Bar in 2009. Most importantly, the marketing of this business on a large scale has not yet commenced and promises to introduce the business to a much broader market of patronage.