Tully & Maries Restaurant Middlebury, Vermont
| Asking Price: | $149,000 | Inventory: | |
| Gross Revenue: | $850,000 | Real Estate: | n/a |
| Cash Flow: | $127,911 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Tully and Maries restaurant is one of Vermont's finest.
It is always busy lunch and dinner. The location in downtown Middlebury on the Otter Creek is a perfect setting, popular with local customers, college students and travelers. It is a very short walk from Middlebury College. There is an active bar and the restaurant seats 76 inside and 32 on the deck overlooking the Creek. Gross revenue is over $850,000 a year with cash flow over $127,000. Its annual covers in 2008 was 42,400. All equipment and furnishings are included and the all equipment was upgraded by the present owner.
It is always busy lunch and dinner. The location in downtown Middlebury on the Otter Creek is a perfect setting, popular with local customers, college students and travelers. It is a very short walk from Middlebury College. There is an active bar and the restaurant seats 76 inside and 32 on the deck overlooking the Creek. Gross revenue is over $850,000 a year with cash flow over $127,000. Its annual covers in 2008 was 42,400. All equipment and furnishings are included and the all equipment was upgraded by the present owner.
About the Business
Year Established:1950
Employees:5 full time - 15 part time
Facilities:4760 square feet. Three levels of dinning, kicthen, bar, and deck on the main level.
About the Sale
Management Training and Support:As Required
Reason For Selling:Owners have new business
KEYWORDS: restaurant, bar, tavern, river front, high volume, cash flow, profitable, turnkey
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