List Price: $925,000 | $257 per sq.ft. Commercial
Space type Business w/ Real Estate,Food Service,Free Standing Building Johnny boys pancake house subdivision,
Date Listed Thursday May 27, 2021 | MLS# 4863200
Space type Business w/ Real Estate,Food Service,Free Standing Building Johnny boys pancake house subdivision,
Date Listed Thursday May 27, 2021 | MLS# 4863200
To see this Listing
Address: 182 US Route 4 Rutland Town VT
Listed by Dick Palmer Hospitality Consultants, LLC
Description:
Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays. 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.
Building Type : Business | Hospitality | Retail
Disability Features : Access Parking
Equipment : Air Conditioner
Misc : Furniture Included | Public Restrooms | In-Unit Bathroom
Sale Includes : Equipment | Land/Building/Business
Listed by Dick Palmer Hospitality Consultants, LLC
Description:
Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays. 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.
Building Type : Business | Hospitality | Retail
Disability Features : Access Parking
Equipment : Air Conditioner
Misc : Furniture Included | Public Restrooms | In-Unit Bathroom
Sale Includes : Equipment | Land/Building/Business
Features
Transport Info: Public Transportation | State Highway | Paved
Transport Info: Public Transportation | State Highway | Paved
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1970
Block Exterior | Brick Exterior
Price Per SQ.FT. 256.94 No. of Units: 1
Building Size : 3600
Available SQFT : 3600
Building Type: Business | Hospitality | Retail
Year Built: 1970
Block Exterior | Brick Exterior
Price Per SQ.FT. 256.94 No. of Units: 1
Building Size : 3600
Available SQFT : 3600
Building Type: Business | Hospitality | Retail
Exterior
Interior
Land Information
Lot size: 1.19 acres
Zoned: comm
Road Frontage: 100
Garage And Parking: Off-Site | Parking Spaces 21+ | Unassigned
Road Frontage: 100
No. of Docks | 0.
UtilitiesHeating: Baseboard
Cooling: Central AC
Electric: 200 Amp
Utilities: Cable - At Site | Gas - LP/Bottle
AC % | 0.
Additional Information
Taxes $7,565
Assesed Value Not Reported
Taxes $7,565
Assesed Value Not Reported
Schools
