Vermont Restaurants For Sale
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.
“All Aboard” at Historic Windsor Station Restaurant, Vermont
Under Contract
Seats: 84
Region: SouthEast
Square Feet: 2888
Windsor was the first Capital of Vermont. In 1777 delegates met to discuss Statehood and draft a Constitution. Vermont existed as an independent Republic until 1791 when it became the fourteenth State. Windsor remained the part-time capital of Vermont until 1808. In 1843, the legislature chartered the Vermont Central Railroad to traverse the state. The track ran along the Connecticut River and was opened to traffic in 1849. The original station suffered extensive damage by fire, the Central Vermont Railway re-built this Depot in 1900 and opened on January 1, 1901.
Part of the design is a wide overhang to protect passengers from inclement weather as they waited on the platform for the arriving trains. The track side bay (now the Station Master Dining Room), with windows on all three sides, gave the Station Master an unobstructed view up and down the railroad tracks. At the north end of the Depot is a wide canopy (currently outside heated dining space) extended from the station along the platform to shelter workers as they transferred baggage from the trains to the freight room (the current kitchen). The original depot featured separate waiting rooms for men (current Barroom) and women (main dining room) that reflected Victorian customs at the time. Windsor Station remained an active train station until the mid-sixties when the building was shuttered. In the mid-1970’s a team leased the building from Central Vermont Railway and converted it into a restaurant. The restaurant changed hands in 1976 and was successfully run by the same family for 35 years. The building was abandoned in October of 2010.
In April 2013 the current owner/operators rescued the then derelict property and made extensive renovations and added period decorations. Along with providing excellent food and service, they have turned the property into a thriving and successful operation. Amtrak service continues with the newly built platform alongside the building. The “Vermonter Train” runs from Washington D.C. to St. Albans-Burlington, VT passing through Baltimore, NYC, Philadelphia along the way. The Southbound train stops at Windsor Station around noon and the Northbound stops around 6pm to the delight of lunch and dinner customers. Step inside this epic station and it will take you back to a different era. Partake of the Food and Drink and it will more than please your palate. Windsor Station Restaurant is the pulse of the Town.
Priced reasonably at: $550,000
Successful Restaurant w/ 6 guest rooms, Event Barn and Pizza Oven,
Views, Views, Views
Seats: 51-100
Region: WestCentral
Restaurant, Inn and Rooms: 5,600 ft²
Event Barn: 2,537 ft²
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.
Price: $2,200,000 Supported by a 2023 real estate appraisal & Mortgage Investment Analysis
Johnny Boys Pancake House, Rutland, VT
2022 has surpassed all previous Gross numbers through March, up more than 50% confirmed by Vermont Rooms and Meals Tax numbers.
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 SOLD
Seats: 82
Region: Central
Acreage: 4
Square Feet: 4,200
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 porch, barn and the patio offer beautiful views of the Green Mountains and sunsets. The property has been well maintained inside and out. There are many possibilities for expansion on this 4 acre site with views. The entire propery offers excellent curb appeal inside and out.
It is important to note that the financial numbers support the price. We are happy to share this information to qualified buyers.
Sellers request buyers to sign a confidentiality agreement and provide financial information to prove their ability to purchase before we can release their financial information.
Banks today require a minimum of 20% down for conventional financing. SBA 7A program offer very attractive terms and rates as well as working capital and a 25 year term.
Listed by KW Vermont Stowe
SOLD
The Barn Restaurant, Pawlet, Vermont SOLD
Seats: 140+
Region: SouthWest
Acreage: 1.19
Square Feet: 3,600
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. The current owners/operators have made many substantial improvements over their 20+ years of ownership. Including but not limited to new heating system(2 new boilers 2021), 5 split unit heat/AC pumps, installed an engineered/state approved septic, kitchen addition (over 600SF kitchen space), w/ 130SF walk-in cooler space, and all updated well maintained equipment. Architecturally and aesthetically pleasing, this “quintessential Vermont” Restaurant is truly a magnificent property. And the business is impressive as well with strong figures and continued growth and profitability! In 2019, the Gross revenue was close to $1,000,000 with over 30,000 meals served! And currently, revenue and profitability have both increased since then with fewer operating hours
Come see the Barn Restaurant and Tavern and feel its energy.. Its truly a special part of Pawlet, a destination for all, locals and visitors wanting an intimate Vermont experience. A gathering space for many special occasions, weddings, retirement parties, as well as fund raisers and other town events.
This establishment is not just a well run restaurant and business, it is an integral part of Pawlet and what makes it special…
Listed by McChesney Real Estate.
An incredible value and opportunity priced at: $749,000
Steak House Restaurant, Ludlow, Vermont SOLD
Seating: 90
Region: MidCentral
Acreage: 4.1
Square Feet: 6,000+
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.
Listed by Mary W. Davis Realtor & Assoc., Inc
Sold: $695,000
