Killington-Rutland Area Fine Restaurant

Mendon, VT (Rutland County)

Seller Financing Available
Killington-Rutland Area Fine Restaurant

Asking Price:$345,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Real Estate:$295,000

Established:1975

Killington-Rutland Area Fine Restaurant

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Business Description

A must-see popular and profitable business with real estate!

Countryman's Pleasure is a well-established 105-seat restaurant serving the Killington-Rutland, Vt, region. Killington is the largest US Ski Area east of the Rocky Mountains. And this restaurant enjoys year-round repeat business from both in and out of state. Located directly off US Route 4 near a Best Western Motel with extensive on-site customer parking, its recently improved & well-maintained building offers casual fine dining on a hill setting bordered by stone walls and landscaped gardens. It's attractive main floor dining areas and walk-in lower level dining for large parties comprise an efficient floor plan. Special features include: a hand-crafted European brick tavern with Butternut ceilings and wooden counters, and cozy dining with the ambiance of a wood and gas fired stove. Beautifully maintained and in turn-key condition, this is an exceptional opportunity to own a well established restaurant on 1.5 acres with land area to construct a residence, subject to permitting.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A beautiful Period Farmhouse built in 1877, and carefully renovated over the years with a total of 3,219 sq. ft. of finished area. Nicely situated on 1.5 acres with ample parking for 40+ cars. Included in sale are a fully equipped kitchen and 3 fully furnished dining rooms, plus a beautiful oak-trimmed bar. New Roof in 2015-16. Business office upstairs, main dining rooms and kitchen are on the main floor, and a private dining room for groups of up to 30 is on the walk-out ground floor. Property has an excellent drilled water well. And although served by an on-site waste water system engineered for the licensed seating , Owner paid for a dedicated hook-up man-hole and installed infrastructure should he or a subsequent owner choose to connect to the Alpine Pipeline sewer line that runs along US Route 4, just 100 yards north of the restaurant. Address: 63 Town Line Rd, Mendon, VT 05701
Competition:
Technically, in the Town of Mendon, near the town line of Rutland, the Countryman's Pleasure is one of the top 10 restaurants in the greater Killington - Rutland Area (a 12-mile radius).
Growth & Expansion:
Current owner has cut back to a still profitable 4-day a week operation from being open 6 days in earlier years. Hans has been chef-owner for over 30 years. A new, younger owner will undoubtedly have the energy and modern marketing knowledge to expand revenue beyond what Hans did in his Hay-Days.
Financing:
For qualified buyers; Seller sole qualifier
Support & Training:
Negotiable
Reason for Selling:
Retirement

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Ray Ault

Business Listed By:
Ray Ault

Ault Commercial Realty

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