Guru’s Restaurant in Newtown Listed for Sale


Guru’s Fine Indian Cuisine in Newtown Township: A Unique Opportunity Awaits

NEWTOWN TOWNSHIP, PA — The beloved local eatery, Guru’s Fine Indian Cuisine, located at the intersection of North Sycamore and Jefferson Streets, is officially on the market. This nearly 6,000-square-foot restaurant, known for its vibrant flavors and warm atmosphere, is now seeking potential investors, buyers, and developers as the owners embark on a significant personal journey.

A New Chapter for the Owners

Priya and Ashni Guru, the heart and soul behind Guru’s, recently closed their restaurant to travel to India for the adoption of two girls. This heartfelt decision has led them to temporarily step away from their culinary venture, with hopes of returning in the spring. However, the timeline for their return remains uncertain, hinging on the adoption process.

Chichi Ahia, a broker from SVN Commercial Real Estate, which is managing the sale, expressed optimism about the Gurus’ eventual return. "They will ultimately be back for sure. It’s more of a question of when," he stated. The couple is currently exploring various options for their business and property, ensuring that the community remains a priority during this transitional phase.

Exploring Options for the Future

The decision to put the restaurant on the market is not solely about selling; it’s about keeping options open. Ahia emphasized that the Gurus are committed to ensuring that the space continues to serve the community, whether that means reopening Guru’s or allowing a new business to take its place. "If they are not back in a timely enough fashion to continue operations, they are committed to making sure something good for the neighborhood moves in," he said.

The property is being marketed globally through the SVN network, attracting interest from various potential buyers. Investors have multiple avenues to explore, including purchasing the real estate along with the liquor license to operate a different restaurant concept or leasing the space to another culinary venture.

A Historic and Versatile Space

The building housing Guru’s Fine Indian Cuisine is not just a restaurant; it is a piece of Newtown’s history. Originally built in 1796 and expanded over the years, the free-standing structure encompasses approximately 5,900 square feet. It features a spacious dining area that can accommodate over 140 patrons, along with a charming wraparound porch for outdoor dining. Additionally, the property includes two apartments and substantial basement space that currently supports the restaurant’s operations.

Ahia noted that while the property is designed for restaurant use, they are open to discussions with investors interested in repurposing the space for different ventures. "We’re willing to entertain any conversation," he said, highlighting the flexibility of the property’s potential.

A Community-Focused Approach

The Gurus’ commitment to their community is evident in their approach to the sale. Ahia remarked, "Priya is pretty focused on making sure the neighborhood is preserved." The goal is to find a business that can thrive in the space and contribute positively to the local area, ensuring that the legacy of Guru’s Fine Indian Cuisine continues in some form.

A Rare Opportunity

This unique opportunity in Newtown Township is not just about acquiring a restaurant; it’s about stepping into a vibrant community space with a rich history and a promising future. As the Gurus navigate their personal journey, the potential for new ownership brings excitement and hope for what lies ahead.

In conclusion, whether you are an investor looking for a new venture or a developer with a vision, the property of Guru’s Fine Indian Cuisine offers a rare chance to make a meaningful impact in Newtown. As the community awaits the next chapter, one thing is clear: the spirit of Guru’s will continue to resonate, no matter what the future holds.

Subscribe

Related articles