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Restaurant / Tavern /Home

Pittsford, Vermont (Rutland County)

Retail - Restaurants | Retail - Bars/Taverns

$Seller Financing Available

Asking Price $250,000 Inventory $0** 
Gross Income Not Disclosed Real Estate $250,000* 
Cash Flow Not Disclosed Year Established 1950
FF&E $50,000* Employees N/A

* included in the asking price

** not included in the asking price

PRICE JUST REDUCED. This is an excellant business opportunity on the high traffic Route 7. Sawdis Restaurant and Tavern is well known by all the local people and all that travel this road just north of Rutland. It is an easy ride from one of Vermont's largest downhill ski areas. Also, near major cross country skiing areas. There are two well furnished dining rooms both with wood burning firplaces. Sawdis has a seperate Bar/Tavern just off the main entrance with additional tables. The perfect place for customers to gather. Previous owners did between $500,000 and $600,000 gross sales a year. Next door is your home or a residence for your staff. Do the simple math $125,500 for a home and $125,000 for a great business opportunity. This property is priced $150,000 below assessed real estate value, and it includes restaurant furniture and kitchen equipment.

Facilities: Facility has a large kitchen which is very well equipped for a high volume business. Prep areas, salad station, large entree cooking areas, dessert area. Cooktops, ovens, refrierators, pots pans, dishes, two very large wallin refrigerators one at the delivery entrance, storage space, large dishwashing area you name it this restaurant has it. Plenty of parking. Located on 1.41 acres. New point of sale system, high speed internet, office. Next to the restaurant is a 3 bedroom house with kitchen and livingroom with fireplace and pool for own

Competition: No competition in town.

Growth/Expansion: This business was a gold mine in the past and will be again. The travelers and local people are waiting for the doors to reopen. Seller will lease to purchase at $2K per month with $1K back per month up to $24,000 cash back at closing when closed within 2 years.

Seller Financing Available: Yes

Financing: Seller will lease to purchase to qualified buyer, $2K per/m with cash back.

Support/Training: It is ready to go.

Reason Selling: Moved back to the city.

Business For Sale By

John K. Nelson

802-385-1113

Lang McLaughry Spera

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