Dauphin County winery sold for $2.8 million: ‘Business can only get better’

  • 📰 PennLive
  • ⏱ Reading Time:
  • 50 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 53%

@Topstories News

Springgate

New owners will take over the property after liquor license transfers are completed.

Spring Gate Vineyard & Winery in Lower Paxton Township remains open for business as an ownership change is pending. Provided photo, file

Earlier this month, a federal bankruptcy judge approved the sale of the 60-acre facility on Devonshire Road, including inventory and liquor licenses, to Nitin Patel. The sale is contingent on Pennsylvania Liquor Control Board approvals. Patel is paying $2.8 million plus an additional $300,000 for inventory, according to court documents.At the time, Schoffstall said a combination of rapid growth and the COVID-19 pandemic impacted business.

Attorney Robert E. Chernicoff, who is representing Spring Gate, said ownership will change once the liquor license transfers are approved. “It is my understanding that the buyer intends to continue operations and actually expand them,” he said. “Everyone agrees that operations will continue as it is and that the business can only get better.”under Patel’s company, Royal Winery, LLC of Newtown. They include a brewery, limited winery, brewery pub and limited distillery.Popeyes brings back its Cajun-style turkey for Thanksgiving.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 463. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FBI arrests Dauphin County home care business owner after $1 million in Medicaid fraudEster Mbaya, 43, of Harrisburg, pleaded guilty before her arrest last week.
Source: PennLive - 🏆 463. / 53 Read more »

Dauphin County company acquires environmental and geological consulting firmTerms of the agreement weren’t disclosed.
Source: PennLive - 🏆 463. / 53 Read more »