Iconic Downtown Burlington Restaurant & Bar

Burlington, VT (Chittenden County)

Daily Planet
Contact Seller

Asking Price: $285,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $15,000

Rent: $7,000 /Month

Established: 1982

Iconic Downtown Burlington Restaurant & Bar

Save Print Share Valuation Report

Business Description

37 years of successful history as one of Burlington's most iconic and popular restaurants is ready for a new owner/operator. With annual sales in excess of $1M, a completely turn-key facility, and a wonderful location in the city's central business district, the Daily Planet offers all of the ingredients for continued success.

Attached Documents


Detailed Information

Location:
Burlington, VT
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Facilities:
The restaurant occupies the majority of the building with three distinct dining and drinking areas-- the cozy dining room, the solarium, and the funky engaging bar!
Competition:
While Downtown Burlington offers a number of great foodee options, the Daily Planet has consistently provided innovative and awesome American Fusion type of food. Its location off a side street makes it unique. It has outlasted almost every restaurant in the city!
Growth & Expansion:
The Daily Planet is currently a single meal-period restaurant. Adding lunch and/or brunch, and catering would be two avenues for increased revenue.
Support & Training:
Seller will provide training as needed
Reason for Selling:
Time to step down
Business Website:
http://dailyplanetvt.com/
Contact Seller

Business Location


Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Tony Blake

Business Listed By:
Tony Blake

V/T Commercial

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock

Metro Area Scores

Unlock


Ad#:1648942 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Russo’s New York Pizzeria

Franchise Opportunity
Cash Required: $200,000