(1-2-22) Driving past the Orchard Tree Family Restaurant at 501 Grand Lake Road in Celina passerbys will see a realty sign with a sold sign on it. According to sources Mercer Health has purchased the facility.
The Orchard Tree closed on February 8th of 2021, a victim of the pandemic.
According to the Ron Spencer Realty’s web site the location was listed for $425,000
Great opportunity. Well established business Orchard Tree Restaurant. Property is fully equipped to open the doors tomorrow. Turn Key operation Prior to COVID-19 The Orchard Tree has been running a profitable business for 25 years. Closed Feb 15, 2021 Providing quality American food at a family affordable price. The building can be sold complete or if buyer chooses the property can be converted to a multiple variety of uses. Current seating capacity of 250. Property also has a full basement with two outside entrances. Drive through window At one point, there was a large meeting room, now it is used for storage. Basement has Male and Female Bathrooms. In 1985 this building cost $1,300,000 to build. Sellers purchased the restaurant 2011 for $475,000. With cost of construction this property is a priced right to sell. Roof was replaced in 2019. Owners will consider Leasing business and building to a qualified tenant
NOTE: We are hoping for a confirmation on the sale.