Description
Popular 70-seat Area Restaurant with 65 paved parking spaces. Bonus: a 500 sq. ft. 3-season covered deck on the south side. In the 5 years ending Dec 2019 Owner reported gross sales averaged about $500,000. At its peak, Owner reports it was able to gross over $1 million! This is a truly Turn-key opportunity! On a highly visible 10.24-acre surveyed lot with nearly 900 ft frontage on US-7, zoned Rural Development; see Pgs 15 & 16 of Town of Brandon Land Use (Zoning) Ordinance, Sections 305 & 306 for Permitted and Conditional Uses. The sale includes a 3,760 sq. ft. one-level bldg, all restaurant and bar equipment, furniture and fixtures (complete list available), all the business personal property and intangible assets: goodwill, trade name, domain names, website, phone number, social media accounts, graphic design materials/logo, etc. Cattails is ready for a new owner or tenant to bring ideas and energy to this long-standing successful business. Closed for more than a year due to the Pandemic, this restaurant is a turn-key opportunity that can be reopened in no time, serving food to meet the high demand of the population from Middlebury south to Rutland! OWNER WILL CONSIDER A LONG-TERM LEASE WITH A PURCHASE OF THE BUSINESS.
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0BEDS
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10.24ACRES
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0BATHS
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01/2 BATHS
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3,760SQFT
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$113$/SQFT
School Ratings & Info
Description
Popular 70-seat Area Restaurant with 65 paved parking spaces. Bonus: a 500 sq. ft. 3-season covered deck on the south side. In the 5 years ending Dec 2019 Owner reported gross sales averaged about $500,000. At its peak, Owner reports it was able to gross over $1 million! This is a truly Turn-key opportunity! On a highly visible 10.24-acre surveyed lot with nearly 900 ft frontage on US-7, zoned Rural Development; see Pgs 15 & 16 of Town of Brandon Land Use (Zoning) Ordinance, Sections 305 & 306 for Permitted and Conditional Uses. The sale includes a 3,760 sq. ft. one-level bldg, all restaurant and bar equipment, furniture and fixtures (complete list available), all the business personal property and intangible assets: goodwill, trade name, domain names, website, phone number, social media accounts, graphic design materials/logo, etc. Cattails is ready for a new owner or tenant to bring ideas and energy to this long-standing successful business. Closed for more than a year due to the Pandemic, this restaurant is a turn-key opportunity that can be reopened in no time, serving food to meet the high demand of the population from Middlebury south to Rutland! OWNER WILL CONSIDER A LONG-TERM LEASE WITH A PURCHASE OF THE BUSINESS.
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Courtesy of Ray Ault of Ault Commercial Realty, Inc.: Ray@AultCommercial.com.