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Off Market
1/9

182 RT 4
Rutland, VT 05701


HIGHLIGHTS

  • Excellent Location, Freestanding Building with lots of parking, fast paced Quality Breakfast and Lunch Restaurant

OVERVIEW

Very fast paced operation, not uncommon to have waiting lines for up to an hour on Saturday and Sundays. High Volume, High Quality Food. Loyal local Clientele as well and Tourists traveling through the area. Licensed for up to 100 seats. Despite the volume, this is one of the most immaculate kitchens in Vermont. The owners have very high standards not only with their food, service, it also includes their building, inside and out. The restaurant building contains 3,600 sq ft and situated on 1.19 acres with highway frontage, plenty of on site parking. It helps if a new owner is a Chef and has high volume experience. The numbers support the price. Seller request Buyers to fill out a Prospect Information package which consists of a Confidentiality Agreement and provide financial information to prove their ability to purchase before the Sellers will allow us to release the financial information. Thank you for your understanding. Banks require a minimum of 20% to 30% down . It is also customary for a Buyer to pay dollar for dollar for the inventory at time of closing.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Johnny Boys Pancake House

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

3600

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

543-171-10003