Restaurants

**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 clients, 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.

Signature Property

First time offered–two outstanding businesses–Seasons Restaurant and Haig’s Sports Bar plus a separate retail space! After 14 years, the owners have decided to retire. This is a package deal, sold together at an incredible price.

The property is located near many fine hotels and inns. The Hampton Inn is directly across the street with 97 rooms and does not have bar or dining facilities. Also within walking distance to Orvis, Northshire Bookstore and designer outlets, this section of Route 7A boasts the most foot traffic making it one of Manchester’s premier locations.

The site is 0.6 acres with a total of 7742 sq ft for both buildings. Seasons Restaurant/Haig’s Sports Bar is approximately 4390 sq ft plus 1241 sq ft on second floor. The retail space is 2,111 sq ft. The balance of the site is improved with a 43 paved parking spaces.

Seasons Restaurant/Haig’s Sports Bar

With a combined capacity of 122 seats, new owners will see a consistent net profit from both businesses when operating only five days per week.

Total capacity for Seasons Restaurant is 72 seats. In June 2024, the interior of Seasons Restaurant got a new look with a remodel that was curated by professional designers. This included new booths, tables, chairs and flooring. Seasons Restaurant also offers an outdoor dining area with mature perennial gardens and firepit.

Haig’s Sports Bar offers a total capacity of 50 seats, boasting a gas fireplace and 13 TVs, inside and out (including the bathrooms!) Indoor and outdoor merge when two overhead doors are open to the private patio. The patio has two fire pits, seating areas and a service bar.

Haig’s Sports Bar is the only property in the Town of Manchester that is allowed to serve alcohol outside until 1 am. All others must stop at 11 PM.

The second floor of this building offers open and locked storage areas, an employee bathroom with shower and two private offices.

Retail

Retail Store offers a large open showroom with expansive display windows on three sides. Completing the space are a conference room, three offices, one half bath and a kitchen.

The Sellers require Hospitality Consultants, LLC to only share the financials with qualified buyers.

Priced at: $2,700,000*

*Buyers will be required to pay in addition to the purchase price, the inventory, dollar for dollar, at the Sellers cost at closing. This is standard in the industry for this type transaction.

Successful Restaurant w/ 6 guest rooms, Event Barn and Pizza Oven, Views, Views, Views

Seats: 51-100

Region: WestCentral

Main Buildings SF: 5,600+/-

Event Barn SF: 2,537+/-

The main structure is a 2 story Victorian style house converted to a Restaurant and Inn. Originally constructed in 1796. It has since been converted to a restaurant with living quarters and 4 guest room on the 2nd floor prior to the fire in 2020. The building contains 5,506 sq. ft. with the restaurant on the first floor and a huge suite of rooms that include 6 guest room, 4 with private baths on 2 guestrooms share a bath on the 2nd floor. There are no longer owners quarters. There is a small basement under this structure that houses the mechanical equipment.

The Event Barn, only a few steps from the rear of the restaurant, is a one story structure that contains 2,537 sq. ft.

A freestanding Pizza Oven is located adjacent to the Event Barn.

The property is 5.2 acres with 360 degree mountain views, pond, relatively flat with lots of available parking. Green Mountains are to the East and the Adirondack Mountains to the West. The property is Zoned: R A 10- Residential. Frontage on the w/side of Rt 7 is 595′.

During Covid they had a fire which did major damage to the building. The following is a sequence of the event:

  • The fire happened on June 19th, 2020.
  • Reconstruction work started in September and the restaurant and guest rooms reopened at Tourterelle on June 2nd, 2021.
  • The construction firm, CMD LLC. from Williston did the renovations.
  • CMD is a company who specializes in insurance claims.
  • With some help from CMD , Bill, chef and co-owner, designed the kitchen, inn, dining rooms, bar and wine cellar.
  • Christine, co-owner handled all interior design of the guest rooms on the 2nd floor and the purchasing of the furniture and decorating for the inn and restaurant.
  • Bill, built the outdoor kitchen and Pizza Oven with the help of Mark Krawczyk ( Valley Clayplain Forest Farm) and Yestermorrow design/ build school ( Waitsfield ).
  • Together they created a very attractive property with outstanding curb appeal. Their reviews for the food and events speaks for itself.

Priced at: $2,200,000
Supported by a 2023 real estate appraisal & Mortgage Investment Analysis

Johnny Boys Pancake House, Rutland, VT

Seats: 100

Region: CentralWest

Acreage: 2+/-

Square Feet: 3,600+/-

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

Priced at: $925,000

Michaels on the Hill, Waterbury, Vermont

One of the most successful operating restaurants in the Stowe/Waterbury area, located 5 minutes from Stowe and I-89. Michael’s on the Hill is the only fine dining restaurant in the area. A new buyer is not bound to this type venue. The circa 1820 farmhouse was first converted to a restaurant in approximately 1983 as the Villa Tragara restaurant.

Michael and Laura purchased the property in 2002 and have made extensive renovations and upgrades. Beside having an excellent location, Michael’s offers a beautifully refurbished, 1820 barn which provides for additional seating and a venue for functions up to 76 patrons. In warmer weather the patio offers seating.

The Barn Restaurant, Pawlet, Vermont

Established in 1972 from an 1800’s barn, this impressive +/-5,000SF Timber frame restaurant has grown into a thriving business and destination. The unique and ideally configured 100+ seat restaurant lends itself beautifully to large or smaller private parties/gatherings with 4 separate dining areas. 1) Main Dining room (36+ seat/1,400SF) with soaring cathedral ceilings, a massive stone fireplace and huge windows looking down the Mettowee Valley. 2) Loft – open to/overlooking the main dining room – (400SF/25+ seats) 3) Tavern (30+ seat/850SF) with stone fireplace, performance platform for live music and 4)Seasonal Porch (20+ seat/360SF) accessed from the Tavern with steps to lawn/garden area and views down the Mettowee Valley.

Priced at: $749,000

Steak House Restaurant, Ludlow, Vermont

Ludlow, VT, home of Okemo Mountain Resort. Successful Steak House Restaurant includes real estate, business value, furniture, fixtures and equipment.

Over 6,000 square feet tastefully decorated, includes lounge, bar area, multiple dining rooms, updated kitchen and storage areas. Pride of ownership is evident throughout the property. Much of the equipment is relatively new.

Priced at: $695,000

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