**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.
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
Homestyle Restaurant, Ludlow, Vermont
Trip Advisor’ #1 Rated restaurant in Ludlow, VT
A turnkey, four-season business ready for any restaurateur, hotelier or investor looking to own a year-round cash-flowing mountain town destination from afar or operate it themselves.
Homestyle Hotel is located smack dab in the middle of the touristy hustle and bustle of Okemo Mountain’s main street in Ludlow, VT, and less than a mile from the main ski lodge.
Zoned/licensed as a restaurant and hotel since 2014 but currently operating solely as “one of the Okemo Valley’s best-reviewed and most-booked restaurants” since converting all lodging rooms to dining rooms during the pandemic. Currently operates dinner service four days per week (4pm-9pm), 44 weeks per year. First level features a full bar and main dining room, upgraded commercial kitchen; second level has additional five private dining rooms; and outdoor “al fresco” dining on the wraparound porch adds extra ambiance May-October. Typical weekends are fully booked, serving 120-180 people per evening with an average waiting list of 50-600 people per night.
Offers new owners the best of both worlds: A proven, consistent cash-flowing restaurant enterprise, plus opportunities to enhance and/or expand across event, meeting and lodging revenue streams.
Price includes updated 5,000-sq.-ft. building on 0.26 acres plus all business equipment, assets, trademarks, promotion/web site platforms and customer databases. The possibilities at Homestyle are numerous, from expanded food service, catering, special events and more—bring your imagination and step right into a successful business ready for its next owner.
Priced at: $1,500,000*
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.