1. Vermont
  2. Rutland Town
  3. 182 US Route 4
$925,000

182 US Route 4, Rutland Town, VT 05701

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon1.19acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 years ago

Property Description

This listing courtesy of Dick Palmer, Hospitality Consultants, LLC

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% to 30%. It is also customary for a new owner to pay dollar for dollar for the inventory at time of closing.

Listing Status:
Active
Date Added:
May 27, 2021 at 05:00AM
Listing Office:
Hospitality Consultants, LLC : 802-293-5007
Listing Agent:
Dick Palmer : 802-293-5007
MLS ID:
4863200
  • A/C: Central AC
  • Heating: BaseboardPropane
  • Disability Feature: Access Parking

This listing courtesy of Dick Palmer, Hospitality Consultants, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rutland Town Elementary School

1612 Post Rd, Rutland, VT, 05701

Grades PK-8

1.24 miles away

R

Rutland Town Elementary School

1612 Post Rd, Rutland, VT, 05701

Grades PK-8

1.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.