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Hospitality Consultants Llc

Rutland Most Successful Breakfast Lunch Establishment For Sale

Rutland, Vermont, US
Asking Price:
$925,000
Sales Revenue:
$864,000
Cash Flow:
Not applicable

Vermont is OPEN FOR BUSINESS,

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 and 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 is 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. Located on Busy RT 4, the only East/West Road in south central Vermont

Property Information

Real Estate:

Real Property Included

Premises Details:

The original business was established in a different location. This unit was purchased and totally gutted in 2010 to accommodate Johnny Boys new restaurant. The building and systems inside and out have been maintained to the highest standards. (Home Based)

Size in square feet:
3,600

Business Operation

Expansion Potential:

It is up to a new owner if they want to work more hours.

Competition / Market:

The numbers verify an upswing in business.

Reasons for selling:

Retirement

Employees:
10+
Years established:
2003

Other Information

Support & training:

Owner will assist in a smooth transition.

Contact Hospitality Consultants Llc

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