Charming American Restaurant In Central VT
Not Disclosed, VT Not Disclosed
Central VT
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- RE: Charming American Restaurant In Central VT
- Contact: Todd Smith
Quick Facts
| Asking Price: | $599,000 | |
| Annual Revenue: | $1,500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $333,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 154124983 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Fine dining restaurant located in the heart of an affluent and picturesque town in Central Vermont. This established concept provides a high-quality customer experience with a great customer feed and an existing relationship / reciprocal from a local hotel nearby. Great net cash flow with an opportunity to scale. 100 plus covers on a Friday & Saturday night with 30 to 40 on Tuesday to Thursdays. A long-standing customer base makes this restaurant the heart of the surrounding communities and tourist locations.
PARKING:Street parking – 3 dedicated spaces for employees
EQUIPMENT:The equipment is in excellent condition and has been well maintained.
LEASE TERM:4 years remaining with one (1) five-year option
BASE RENT:$6,000 per month
CONCEPT:American Fine Dining Restaurant
SIZE:3,200 square feet
SEATS:125 inside, 20 outside
HOURS:Open for dinner 5 days per week
LICENSES:Full Liquor License
SALES:$1,500,000 in 2022
CASH FLOW:$333,000
ASKING PRICE: $599,000 (For the Business)
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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