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Vermont Restaurants for Sale
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To All Potential Buyers|
As you can see by the sold listings, the published inventory appears low. However, not all listings are presented on the web site. At the request of some innkeepers, we do not publicly list their properties for sale. Please feel free to contact us for our qualifying package. Upon receipt of your qualifications, we will be happy to divulge to you those mystery listings in your price range.
The Free Range Restaurant, Chester, VT
One of Vermont's most photographed Town Green.
Priced at only $625,000.
Fabulous opportunity for an Investor or a Chef Owner to step into a very successful operating restaurant business located on one of Vermont's most photographed Town Greens. "The Free Range Restaurant" speaks for itself. Just look at the reviews posted on Trip Adviser.
The current owners are an entrepreneurial couple who were never in the restaurant business. But after spending their career in the corporate world and retiring decided to follow their passion of food and wine. To that extent they purchased a neglected Victorian Home on the Green in Chester, Vermont, once the location of another successful restaurant, remodeled it with love and care, hired a wonderful Chef and great staff and that is the beginning. They have some other things that they would like to accomplish and have decided it is time for them to offer their bounty of success with "The Free Range Restaurant" to the next operator. They have an outstanding staff in place who have aided in the success of the business and this affords a new owner the opportunity to hit the ground running. There is plenty of upside to the business should a new owner decide to be open for lunch and holidays.
There is an apartment on the 2nd floor which is currently rented but could possibly be owners quarters. The apartment has a separate entrance at the rear of the building. The Sellers will entertain owner financing to a qualified buyer with 30% down.
The Old Red Mill, Wilmington
Priced at only $895,000.
OLD RED MILL is a Licensed for 198 Seat RESTAURANT with 24 GUEST ROOMS Licensed for 60 guests. It is sited on 4.6 acres with over 1,800' Frontage on both sides of the Deerfield River. "The Mill", as known by the locals, is over 12,000 sq ft plus a full basement. This is an extraordinary opportunity to own a successfully operated Landmark property in the heart of the Historic Village of Wilmington, Vermont, The Mill is located approx. .8 miles north of the Mass Border midway between Bennington and Brattleboro, VT. The Mill offers contemporary American cuisine in a rustic atmosphere. It has 2 bars, 3 dining rooms and seating on "Jerry's Deck" overlooking the Deerfield River in the warmer months. The downtown location is convenient not only for inn guests to walk to the many venues offered in Historic Wilmington but is also a great base location for visiting Mt. Snow and the Hermitage Club facilities. The Mill offers large open spaces to accommodate events from local service clubs to lavish receptions. A HUGE plus for this facility is the 36 on site parking. Although it is common knowledge that Wilmington suffered severe damage due to Tropical Storm Irene in 2011, the Mill faired wellonly the basement housing the mechanical components was impacted. The benefit to a new owner is that the building has a new 600 amp electrical system, new hot water heaters, new heating and central air conditioning systems throughout, AND is fully sprinkled. Present owners have been in residence for 43 years and it is time to retire.
Attached to the Mill on the north side is a structure which currently houses a 6 room real estate office which could be rented for additional income, converted to owners quarters or used in a different capacity. The property is in good condition, boasts many attractive architectural elements including memorabilia from its days as a lumber mill.
The property, which is being sold as-is, including most of the furniture, fixtures and equipment, business value, good will, telephone number and intellectual property. You can hit the ground running and be in for the NEW YEAR to take advantage of the forecasted heavy snow winter.
Olympic Pizza, Rutland, VT
Outstanding opportunity to own a very successful operating PIZZA business in Central Vermont. Owner retiring out of state and will train new buyer. "Turn Key" operation includes signage, telephone number, all furniture, fixtures and equipment and business name. This is a Business only sale. Favorable lease terms for the restaurant and possible owners apartment. 90% of the family clientele are local residents. Outside seating available in warmer months on side deck. opportunity to grow this successful business by adding beer and wine sales. Owner financing to qualified buyer with 1/3 down. It is customary for the new buyer to pay Dollar for Dollar for the inventory at the time of transfer of the business. Priced at just $325,000
Kevin's Sports Pub and Restaurant - SOLD
Kevin's is one of Bennington's most successful restaurants and sports barsatisfying loyal customers for years. Voted multiple awards in various categories each and every year by Bennington Banner readers. Now offered for the first time in many years for sale. It is time for Kevin and Lindy to pass the baton to the next energetic and caring owner. They will stay on to train a new owner. Great staff in place. Truly a turn key operation. Owner financing may be available to a qualified buyer. This is an income producing property as well with three 2 Bedroom apartments and an office and storage space on the 2nd and 3rd floors. $825,000
Priced to sell at $560,000
Bennington Station has Bennington's most attractive dining roomsa former RR Station offering 5,613 sq. ft. of restaurant licensed for 150 seats. There is a huge basement for storage and office and an attic for the mechanicals. Their walk-in cooler is cleverly housed in the rail car sitting on the "siding". The fine detail of rich woods and stone, lighting fixtures, large windows create a warm and inviting atmosphere. The Bar Room brings you back into the speakeasy era. Parking is plentiful as a 144 +/- public parking lot is adjacent to the Station. The building was converted to a restaurant in the mid 1980's. Bennington Station Restaurant has an excellent reputation for dining both lunch and dinner and this is a great opportunity for a chef owner. Possible Owner Financing to a qualified buyer. This property is located in the CB Zoning District which allows a multitude of commercial uses if you are not inclined to operating a restaurant.
Mulligans of Manchester
Mulligan's Manchester, has been in operation since 1989. prior to that the property was known as the Harvest Inn also a very successful restaurant. Mulligan's is the most successful operating restaurant in Manchester with consistent gross numbers. The restaurant has flourished in all seasons and economic dips in the road which is a testament to the operators, staff and quality of the product that they
produce. The restaurant is licensed for 133 seats and has recently received approval for outside dining for the summer months . The atmosphere is a combo of sports bar and private club. Recent
renovations add to the appeal and atmosphere. Financial information will only be shared with qualified buyers. Owners request that all showings go through listing broker. Competition: This property has
emerged from the recession with consistent numbers and growing.
Growth & Expansion: Mulligan's Manchester is located between the New Hampton Inn under construction to the north approximately half mile,
the Event Barn at the Inn at Manchester, the Taconic Hotel that opened this past December and the famous Equinox Hotel Resort and Spa to the south less than a half mile. Support & Training: A great
staff is in place and will add to the ease of a transition for the new owner.
Reason for Selling: One of the partners wants to retire out of State.
Priced at $1,500,000 includes the real estate.
Iconic Manchester Restaurant first time for sale in 35 years!
Garlic John's has been an icon in Manchester dining for over 35 years. First time offered for sale. Licensed for 100 seats with a cozy bar, very attractive dining room and seating available on the deck seasonally. Lots of parking as well as Location, Location, Location. The owners have developed an outstanding and loyal staff. Owners will help train new purchaser through a smooth transition. The kitchen is immaculately clean. Property shows pride of ownership throughout. 2900 sq ft of building and 2.7 acres with lots of road frontage. $799,000
BENNINGTON PIZZA HOUSE
Well established and very successful Pizza business for sale including the real estate. The current owner has owned the property and has operated the business most of the past 40 years. It is time to retire. The property is turn key. It includes all the furniture, fixtures and equipment. In 2012 they performed a major renovation after putting on a new roof and heat and air conditioning systems the year before. The renovation included new store front, ceramic tiled flooring throughout, new booths and tables, new counters and new tiled bathrooms from floor to ceiling. At the the same time the electrical system was up graded to 200 amp service and many upgrades were made to the plumbing as well as the installation of a new grease trap and the most recent addition in 2015 is a new ice machine. This is a fantastic opportunity for a new owner. A turn key business and a building that has been well maintained all at a very reasonable price. It is a must see. For serious qualified buyers.
Priced at $275,000.
One of Killington's Landmark Restaurants
Casey's Caboose was developed with a railroad theme. The "Caboose" and a "Plow" car were put in place and a building was built around it. Most importantly, it was an instant success from its inception in 1979 until the original owners sold it in approximately 2010 and had to take it back in 2013. The gross sales have been very consistent in a range of $900's to $1.1. Many consider Casey's Caboose Killington's finest restaurant. It has A TREMENDOUS FOLLOWING. This is a fantastic opportunity for a chef/operator to take advantage of the stable history. Since taking back the restaurant, the owners have refurbished the interior and added new equipment so it is basically ready to go. It is currently closed, waiting for new operator. Licensed for 124 seats. There is a prep kitchen in the basement along with offices, lots of refrigeration and freezers and storage space. Possible owner financing to a qualified buyer. A must see for a serious operator.
Manchester Bar and Grill
The Manchester Bar and Grill is an affordable turn key restaurant. Sale includes real estate, furniture, fixtures and equipment ONLY. New purchaser is not paying for business value. New operator will have the opportunity to put their own trade mark and cuisine of their choice on the property. Location in any business is KEY and this property offers it. The building was built in 1994 and is enhanced with a very attractive restaurant with an open floor plan and lots of natural light, excellent viability and traffic count. To the right of the entry/reception area is a casual dining room with bar, lots of windows, hardwood floor, vaulted ceiling and fireplace. To the left of this area is a more formal dining room with carpeted floors, lots of natural light and vaulted ceiling. There is a partial 2nd floor with an over sized 1BR apt. Basement with prep kitchen, office, game room & storage The waste water permit allows for 116 seats, 3 meals a day, 12 employees and a 1 bedroom apartment. 1.1 acres of land with lots of parking and well landscaped. $750,000
Successful from the days the doors opened 20 plus years ago and still going strong. This restaurant has it all; high volume, reasonable average check, key location with excellent traffic flow, attractive setting and atmosphere and it delivers consistent quality food to a loyal clientele. The restaurant is open for dinner only, 6 days a week and the gross sales will make you smile all the way to the bank. Franchising potential. This property is truly a going concern.
The restaurant is licensed for 125 seats. The building is 4,500 sq ft and fully equipped for continued use as a restaurant. The site is 1.57 acres which is fully improved with lush landscaping and parking. Outside dining is offered in the warmer months. A few of the features of the restaurant is its hand crafted wood burning pizza oven, Honduras Mahogany antique Bar, player piano and over a $100,000 in memorabilia and antiques which are included in the sale. This is a great opportunity for someone with energy and wants to work in a fun atmosphere. Listed price, $995,000
Full 4 color detailed brochure only available to qualified buyers. Qualification and Confidentiality Agreement Required. Qualification package available upon request.
Landmark Restaurant, Southern Vermont
Situated at the northern entrance of Manchester Village, this landmark property is being offered for sale as a turn-key restaurant including real estate. The owners have decided to retire after 18 years of successful operation. The restaurant is currently licensed for 100 seats and is equipped with a full commercial kitchen with separate prep room, three dining rooms plus a lounge/bar. A spacious 3 bedroom 2 bath owner's quarters with office, living room and kitchenette occupy the second floor. The 1 acre site provides ample parking, a private rear yard, patio and room for a large vegetable garden. This historic building has great visibility and curb appeal. Offered complete: business, real estate, and furniture, fixtures & equipment for only 695,000
Historic Building At Busy Crossroads
This historic property was most recently operated as a restaurant with a successful reputation until
the owner passed away in the mid 1990's. Before that, it was also operated as an inn. The property
contains 1.01 acres of land and the building contains 8,700 square feet on three floors plus a
basement which was used for storage and as a bakery. Although it has been vacant for many years,
it remains as it was when it was closed. Tables are set for guests and furniture and fixtures,
including kitchen equipment are included in the offering price.
The building includes three small dining rooms, an atrium dining room, entry, reception area,
kitchen, office, four public restrooms and one employee rest room on the first floor; a large
banquet room with dance floor and service bar and two more rest rooms at the rear of the second
floor with three former guestrooms with private baths and four offices in the front section of the
second floor. The third floor has a large bedroom, bedroom or living room and bath with shower.
The location is within half a mile east of Exit 8 of Interstate 91 on the northeast corner of Routes
5 and 131 in Ascutney, Vermont. The property exhibits some deferred maintenance which is
mostly cosmetic on the exterior and on the first floor. However, leaks in the roof over the
intervening years have caused some water damage to ceilings and walls on the second and third
floors. The roof was replaced within the past two years.
This property, most recently licensed for 88 seats but formerly licensed for 200 seats, presents an
opportunity for an energetic chef/owner to bring the property back to its former glory for a
reasonable investment and have large owners quarters for a family on the second and third floors.
In addition, owner financing is available with 30% down payment.
The 1799 Ascutney Inn is being offered for $300,000 including all furniture, fixtures and
equipment present on the premises. The offering is being made 'as is'.
French Restaurant licenced for 65 seats. Owner's quarters plus an apartmentsmall restored barnadditional out building all situated on 2.5 acres in southern Vermont's most famous ski area. Owner retiring after being at this location for 19 years. This property provides a chef a place to live and an opportunity to step into a very successful business. $495,000
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