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.

Michaels on the Hill, Waterbury, Vermont

Seats: 82

Region: Central

Acreage: 4

Square Feet: 4,200

Restaurants in Vermont are open for Business, as May 31, 2021.
GROSS SALES at Michael’s is up 21.9% over the same period in 2019!!

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. Recently paved driveway adds to the curb appeal of the property.

It is important to note that the financial numbers support the price. We are happy to share a very complete brochure 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 which are in the brochure.

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.

Priced at: $1,250,000

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

The Barn Restaurant, Pawlet, Vermont

Seats: 140+

Region: SouthWest

Acreage: 1.19

Square Feet: 3,600

Established in 1972 from a once cow barn, this impressive +/-5,000SF Timberframe restaurant has grown into a thriving business and destination. The unique and ideally configured 140+ seat restaurant lends itself beautifully to large and/or smaller private parties/gatherings with 4 separate spaces.

1) Main (60 seat/1 ,000SF) dining room with soaring cathedral ceilings, a massive stone fireplace and huge windows looking down the Mettowee Valley.

2) Loft (open to main dining room – 400SF/40 seats)

3) 45 seat/1,000SF Tavern with stone fireplace, performance platform for live music and

4)Seasonal 30 seat/360SF porch accessed from tavern with steps to lawn/garden area and views down the Mettowee Valley. The current owners/operators have made many substantial improvements/additions over their 20+ years of ownership. Including but not limited to new heating system + 5 split unit heat/AC pumps, new engineered/state approved septic, kitchen addition (over 600SF kitchen space), 130SF walk-in cooler space, and all new/updated well maintained equipment and fixtures.

All in all an architecturally/aesthetically pleasing and mechanically impressive property. The business is impressive with strong figures and continued growth.

Grossing close to $1,000,000 and serving over 30,000 meals in the last year – 2019 first quarter is up in both meals served and gross income by over 15% and in the last 10 years the business/revenue has grown by over 80%!
Listed by Lee D. McChesney.

Priced at: $795,000