Located approximately 30 Miles Outside of of Burlington, Vermont's Most Populated City. This Successful and Well Known Bar and Restaurant for Sale is Generating High Six Figure Earnings on 2021 Revenue of Close to $2.5 Million. 2021 Owner Earnings of $592,000. Offer Price includes the Real Estate and Should Easily Qualify for SBA Lending with as Little as 15% Down!
Seldom do opportunities like this Restaurant for Sale
find their way to the general public. Once locals find out opportunities like this are available, they get snatched-up quickly. But here is a unique chance to own this casual dining restaurant with real estate, impeccable reputation, longevity, and verifiable books and records highlighting seven figure sales and six figure earnings offered at a reasonable price. A restaurant, focused on both community and visitors where people can order delicious reasonably priced food, beer, wine, and cocktails. The menu is casual, but with a gourmet flare to make even basic dishes special. Terrific Starters, Salads, Burgers, Sandwiches, Local Beers and Craft Cocktails keep the place packed. The atmosphere is always comforting and inviting. It provides high quality, freshly prepared food at reasonable prices, while sourcing local and/or organic ingredients as often as possible.
The Restaurant for Sale is over 10,000 square feet and can seat over 250 guests inside and out. The decor is smart and inviting. No expense was spared building a state of the art and highly functional kitchen and given monthly sales are currently averaging $200,000. In 2021, the seller installed a new HVAC, All New TV's, a New Sound System and $15,000 in new kitchen equipment. The offer price includes the real estate with a recent appraised value of around $600,000. The real estate is being offered on behalf of a licensed real estate agent in the state of Vermont by We Sell Restaurants
The area surrounding this amazing town where this profitable restaurant and bar is located is described by many as a vibrant small city located near the eastern shoreline of Lake Champlain. It's citizens are diverse and forward-thinking, and surrounded by scenic beauty and recreational opportunities. The city is steeped in arts and culture and are engaged in strong economic growth.
So don't miss out out on an opportunity to not only own an extremely profitable restaurant with real estate in a part of the country anyone would love to call home while enjoying the lifestyle a high seven figure income can provide.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this . For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Steve Weinbaum at (770) 714-4552
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