Growth/Conversion Opportunity in Central Vermont - Corbett Business Sales & Acquisitions
Undisclosed - Central VT

Growth/Conversion Opportunity in Central Vermont

Offered At
$ 527,000.00


Primary Industry
Restaurants & Food
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Fine dining restaurant located in the heart of an affluent and picturesque town in Central Vermont. This established concept provides a high-quality customer experience with a great customer feed and an existing relationship / reciprocal from a local hotel nearby. This is an excellent growth opportunity, or an easy conversion opportunity to your existing concept! 100 plus covers on a Friday & Saturday night with 30 to 40 on Tuesday to Thursdays. A long-standing customer base makes this restaurant the heart of the surrounding communities and tourist location.

Parking: Street parking – 3 dedicated spaces for employees
Lease Terms: 4 years remaining with one (1) five-year option
Base Rent: $6,000 per month
Seating: 125 inside, 20 outside
Size: 3,200 square feet
Hours: Open for dinner 5 days per week
Licenses: Full Liquor License
Sales: $1,500,000 in 2022
Concept: American Fine Dining Restaurant
Asking Price: $527,000 (For the Business)

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