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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Hotels and Holiday Accommodation Businesses For Sale Categories   >>   

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Vermont Inn & Restaurant - Real Estate Included

Location  Vermont,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $352000
Net Profit / Cash Flow  $75000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1900
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller will provide training
Reason for Sale  Other interests
Description  Price reduced to $845,000! This is a beautiful Inn & Restaurant located south of the Burlington, VT area. The Inn has been 90% restored with all building systems brand new - heating, self-contained sprinkler system, hot water heaters, etc. Most B&B's serve breakfast (this Inn does not), which is included in the room price, but this home features a full-serve restaurant that brings steady year-round income to the owner. The restaurant and tavern are something taken form a Norman Rockwell painting or from an episode of Cheers. Warm, friendly and inviting are how you would describe the atmosphere. The restaurant currently serves dinner only 5 days a week so don't worry about being tied down to running a restaurant serving 3 meals a day 7-days a week! The Inn features just a handful of rooms that have been completely gutted and remodeled. Each room features a fireplace (not allowed to be used due to fire code), wonderful woodwork and flooring that has been restored to its original luster and decorated in that old-country charm, flat-screen TV's and free Wi-Fi. The home also features owner's quarters that has 3-bedrooms, 2-baths and just under 2,000 sq. ft. The Inn sits on more than 3-acres and has historical significance. Located in ski country and one of the most beautiful foliage areas around, this Inn & Restaurant will provide you with your escape from the hustle and bustle of life while delivering you the quality of life you deserve. Most B&B's and Inns you'll look at have significant building and system issues that can cost hundreds of thousands to restore/replace. Most of the ''heavy lifting'' has been done (over $200,000 invested in systems/remodeling) so that with a few finishing touches and some attention to marketing you can grow the business for years to come. If you're looking for a change in scenery and leaving the stress behind, then make Vermont your new home and enjoy a new quality of life that owning an Inn will bring.
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