HAGERSTOWN, Ind. — The sisters who co-own Welliver’s Smorgasbord in Hagerstown say the eastern Indiana landmark is being bought by an entrepreneur with family and business connections to the town.

Janie and Mary Welliver say the new owner — whom they plan to identify this week — will take over within a few weeks and expand the Welliver’s brand into new markets.

The sisters say the restaurant will remain open without an interruption in service. They had announced earlier that it would close June 28 because of mounting debts.

Their father, Guy Welliver, opened the smorgasbord in a small building in 1946. Through the years, the restaurant grew to 10 dining rooms, seating for 500 and about 50 employees.