Killington-Rutland Area Fine Restaurant

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Turn-Key operating restaurant with beautiful bldg on 1.5 acres
Asking Price:
$295,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$50,000
included in asking price

Real Estate:
$295,000
included in asking price

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Business Description

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.

About the Business

Year Established:
1975
Number of Employees:
9
Real Estate:
Owned
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
Market Outlook/
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 seasonally adjusted 3- or 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.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Negotiable
Seller Financing:
For qualified buyers; Seller sole qualifier

Listing Info

ID:
1190238
Ad Detail Views:
1446

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Business Listed by

Ray Ault

Ault Commercial Realty

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U.S. Census Data for Rutland County, VT
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Rutland County, VT
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Source: American Community Survey (2010-2014), United States Census Bureau.

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