Asking Price: $550,000
Cash Flow: $214,000
Gross Revenue: $1,170,000
Inventory: ~$17,000 (Included)
FF&E: $214,000 (Included)
Real Estate: Lease $4,700/month NNN
Employees: 3 FT, 18 PT + contractors
Established: 2004
Reason for Sale: Retirement
Seller Financing: Not Available
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Business Description
Imagine owning a Mediterranean restaurant in a postcard-perfect Vermont town! After 20 years of building a loyal following, the chef-owner is ready to retire, offering you the chance to continue this thriving legacy.
The restaurant is known for its authentic, fresh, locally sourced cuisine—from vegetables and dairy to meats and garden-grown herbs. Customers love it, with rave reviews and strong ratings: 4.4 stars on Google & OpenTable, 4.5 stars on TripAdvisor.
With seating for 85 indoors and an additional 75 outdoors under a charming awning-covered patio, the restaurant is perfectly designed for year-round dining. Parking is plentiful with both street and lot options.
The lower level features a full bar, a classroom for cooking classes, and space previously used for catering and private functions (an excellent growth opportunity).
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Highlights
• Strong Financials: $1.17M revenue with $214,000 cash flow.
• Turnkey Operation: Recently updated carpet, tables, and chairs (new during COVID).
• Well-Maintained Equipment: Includes a new pizza oven; no pending CAPEX.
• Growth Potential: Resume catering services and expand to 7 days per week.
• Prime Vermont Location: Vibrant, scenic town setting.
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Additional Details
• Business is owner-operated; not suitable for absentee ownership.
• Lease rate: $4,700/month NNN.
• Transition support: Seller will assist with training.
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This is a rare opportunity to step into a highly rated, profitable, and beautifully maintained restaurant in one of Vermont’s most desirable small towns.