182 Us 4 Route

    Rutland Town, VT 05701
    • $975,000
    • STATUS: Active
    • ON SITE: 144 days
    • MLS #: 4761903
    UPDATED: 121 min ago
    $975,000
    • 0
      BEDS
    • 1.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Courtesy of Dick Palmer of Hospitality Consultants, Llc.

    Description

    Very fast paced operation, not uncommon to have waiting lines for up to an hour to get in. 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.

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    © Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-11-21T00:05:42.517.
    www.livingvermont.com/homes/96423787

    182 Us 4 Route Rutland Town, VT 05701

    • Price: $975,000
    • Status: Active
    • Updated: 121 min ago
    • MLS #: 4761903
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.19
    Acres
    3,600
    SQFT
    $271
    $/SQFT
    Neighborhood:
    Rutland Town
    County:
    Rutland
    Area:
    Rutland Town
    Property Description
    Very fast paced operation, not uncommon to have waiting lines for up to an hour to get in. 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.
    Exterior Features

    Lot Description Interior LotNeighbor Business Parking Off-SiteParking Spaces 21+Unassigned Road Frontage Yes Road Frontage Length 100 Transport Access Public TransportationState HighwayPaved

    Interior Features

    Basement No Cooling Central Ac Equipment Air Conditioner Heating Baseboard Sq Ft Total Building 3600 Sq Ft Total Source Municipal

    Property Features

    Accessibility Features Access Parking Commercial Features Furniture IncludedPublic RestroomsIn-Unit Bathroom Electric 200 Amp Electric Company Green Mountain Power Fuel Company Suburban Propane Heat Fuel Gas - Lp/Bottle Items Excluded Seller Will Provide An Exclusion List Prior To A Contract To Purchase. Natural Gas Available No Pre Construction No Project Building Name Johnny Boys Pancake House Sale Includes EquipmentLand/Building/Business Sewer Public Span Number 543-171-10003 Sub Property Type BusinessHospitalityRetail Sub Property Type Use Business W/ Real EstateFood ServiceFree Standing Building Tax Gross Amount 7110 Tax Year 2019 Taxes Tbd No Utilities Cable - At SiteGas - Lp/Bottle Water Public Zoning Comm

    Courtesy of Dick Palmer of Hospitality Consultants, Llc.


    © Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-11-21T00:05:42.517.
     
    RE/MAX North Professionals
    875 Roosevelt Highway
    Colchester VT, 05446
    Courtesy of Dick Palmer of Hospitality Consultants, Llc.