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182 RT 4
Rutland, VT 05701

$925,000 USD

Restaurant For Sale  •  3,600 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,600 SF
  • Lot Size 1.19 AC
  • Year Built 1970
  • Tenancy Single
  • Zoning Comm
0 Transit Score
37 Walk Score

Description

Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays.  High Volume, High Quality Food. Loyal local Clientele as well and Tourists  traveling through the area.  Licensed for up to 100 seats.  Despite the volume, this is one of the most immaculate kitchens in Vermont.  The owners have very high standards not only with their food, service, it also includes their building, inside and out.  The restaurant building contains 3,600 sq ft and situated on 1.19 acres with highway frontage, plenty of on site parking.  It helps if a new owner is a Chef and has high volume experience.  The numbers support the price.  Seller request Buyers to fill out a Prospect Information package which consists of a Confidentiality Agreement and provide financial information to prove their ability to purchase before the Sellers will allow us to release the financial information.  Thank you for your understanding.  Banks require a minimum  of 20% to 30% down .  It is also customary for a Buyer to pay dollar for dollar for the inventory at time of closing.

Highlights

Excellent Location, Freestanding Building with lots of parking, fast paced Quality Breakfast and Lunch Restaurant

Property Flyers

Financial Summary

Total Expenses: $0 USD

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Rutland (Ethan Allen Express - Amtrak) 5 min - 2.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Dick Palmer 802-363-6238 Hospitality Consultants, LLC
Dick Palmer 802-363-6238 Hospitality Consultants, LLC