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Business For Sale

130 Seat Killington Restaurant/Pub - Buy or Lease

Mendon, Rutland County, Killington, VT

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$375,000
Not Disclosed
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
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0
130632160

Business Overview:

FOR SALE OR LEASE: 130-seat Restaurant/Tavern with a view of the ski slopes. Owner's apartment up. 6,288 sq. ft. bldg, includes 48 x 38 main dining room with band stand and dance floor. Equipped Kitchen with new walk-in cooler. New furnace, lined stainless steel chimney and windows installed in 2004; 500 gallon underground fuel oil tank installed to specifications in 2004. 7 Sewer shares in the private Alpine Pipeline Sewer Company. Turn-key set-up (except needs new dishwasher). Will lease 5,000 sq. ft. restaurant without apartment for $4.00/sf, NNN, ($1,667/mo., NNN)-- Nets estimated at $2.80/sf, + heat & electric.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

On the Bus Route less than 10 minutes from Rutland City. Just 1.7 3/4 mile from ski lifts. Very close to 3 lodging establishments with a total of 160 guest rooms. Restaurant/Tavern with large Owner's apartment up. 6,288 sq. ft. building, includes 48 x 38 main dining room with band stand and dance floor. Two bars. Equipped Kitchen with new walk-in cooler. New furnace, lined stainless steel chimney and windows installed in 2004; 500 gallon underground fuel oil tank installed to specifications in 2004. 7 Sewer shares in the private Alpine Pipeline Sewer Company.

Reason for Selling:

For Sale or Lease-Building & Land.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: