Growth/Conversion Opportunity In Central Vermont
Not Disclosed, VT Not Disclosed
Central VT
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- RE: Growth/Conversion Opportunity In Central Vermont
- Contact: Todd Smith
Quick Facts
| Asking Price: | $347,000 | |
| Annual Revenue: | $1,646,116 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| 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:
Restaurant opportunity in the heart of an affluent and picturesque town in Central Vermont. This fine dining restaurant is just a stone's throw away from the region's most prestigious destinations. Conveniently located within a 30-minute drive from Dartmouth College and Hospital, as well as the renowned ski resorts of Killington, Pico, and Okemo.Additionally, this restaurant is just 45 minutes from the slopes of Stratton and Bromley, making it a perfect location for skiers and travelers.
This established concept provides a high-quality customer experience with a great customer feed and an existing relationship / reciprocal from a local hotel nearby. This is an excellent growth opportunity, or an easy conversion opportunity to your existing concept! 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 location.
PARKING:Street parking – 3 dedicated spaces for employees
EQUIPMENT:The equipment is in excellent condition and has been well maintained.
LEASE TERM:2 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:$1,646,116 in 2023
ASKING PRICE:$347,000 (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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