Adam Ozimek, an economist at Moody’s Economy.com in West Chester, has joined forces with four partners to open Decades, the new entertainment and dining venue in Lancaster City, writes Joseph DiStefano for the Philadelphia Inquirer.
Decades has a 45-foot-long bar and restaurant that can seat 110 people, along with a six-lane bowling alley, second bar, and an arcade.
Ozimek’s knowledge and analysis of the economy in the Lancaster area helped him and two of his partners and longtime friends, Chris Trendler and Jonathan Yeager, lock in their two other partners, father-daughter builders Mike and Bri Callahan of Benchmark Construction.
Now, the improvements Ozimek and his partners have made to the leased property exceed its appraised value of a little more than a half-million dollars.
Ozimek said he found himself stumped by aspects of business ownership, such as the high price of a Pennsylvania liquor license, which was almost 15 percent of the opening expenses.
However, he said they kept pushing “and talking to people here in Lancaster, ’til the pieces fell in place.”
Read more about the venue in the Philadelphia Inquirer here.