DuBois, PA – The Ponderosa Steakhouse building in DuBois has been sold, although there are only rumors as to what could be replacing it.

The property in Sandy Township was sold to GUO Enterprises, based out of Selinsgrove, PA. The price for the 1.35-acre property was listed at $925,000.

Ponderosa Steakhouse had closed on Feb. 3 after 39 years in business.

Owner Sam Mollica says he made the difficult decision to close the business because he is retiring.

A new restaurant is expected to replace Ponderosa, although there are no details about what it might be.