BUFFALO, N.Y. (WKBW) — Pegula Sports and Entertainment is getting out of the restaurant business, reaching a deal to hand over operations of (716) Food and Sport to Southern Tier Brewing Company.
As first reported by Tim Graham of The Athletic, Kim and Terry Pegula's PSE will officially announce the change in operations Tuesday.
(716) Food and Sport opened at the Pegulas' Harborcenter in 2014. The two-story bar and restaurant has the largest restaurant television screen in the continental United States.
The restaurant has been closed since the pandemic began. Last March, the company laid off several employees from (716), The Draft Room and The Healthy Scratch. No changes in ownership of The Draft Room and The Healthy Scratch have been announced. In April, PSE announced executive salary reductions, layoffs, and furloughs as the company dealt with the financial ramifications of the pandemic.
The Pegulas continue to own Harborcenter, the building in which (716) Food and Sport resides.
Southern Tier Brewing Company was founded in Lakewood, New York in 2002. It operates facilities in Lakewood, Pittsburgh, Cleveland, and Charlotte, North Carolina.
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