$925,000

182 US Route 4, Rutland Town, VT 05701, US

Summary

Year Built: 1970

Moving Quotes

primary photo for 182 US Route 4, Rutland Town, VT 05701, US

Remarks

Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays. High Volume, High Quality Food, Very loyal local Clientele, Frequented by Tourists as well. 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 sign a Confidentiality Agreement and provide financial information to prove their ability to purchase before we can release the financial information. Required minimum down payment by Banks is 20%. It is also customary for a new owner to pay dollar for dollar for the inventory at time of closing.

Details

MLS#: 4863200
Price: $925,000

Year Built: 1970

County: Rutland
Lot Size: 51836
Tax Fee: 7565

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Broker Contact

Hospitality Consultants, LLC
3525 Colvin Hill Road
Danby, VT, 05739
US
Richard Palmer
! (802) 293-5007
! hc@vermontel.net
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by PrimeMLS
Last updated: 2023-05-19T19:51:06.000-04:00.
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