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Courtesy of Christopher Keller of Sherwood Real Estate.

253 Vt Route 15

Jericho, VT 05465
  • $1,395,000
  • STATUS: Active
  • ON SITE: 226 Days
  • MLS #: 4898477
UPDATED: 50 min ago
$1,395,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

For sale is a very high volume pizza business in Jericho, VT in a prime commercial high-traffic location on busy Route 15, just 15 minutes away from Essex and 30 Minutes from Burlington. Close to over half a dozen ski resorts, this only increases the business' traffic. In business since 1985, this Pizzeria is offered with all commercial appliances, a security system, all current inventory, indoor and outdoor tables and chairs, and of course the brand name and intellectual property. Besides the benefits of being the only hand-made pizza parlor open on Mondays in the area, additional revenue opportunities also lie with deliveries and online ordering - which is currently not being taken advantage of. No fear of a slow down due to COVID, as business has only picked up. Understanding the need, the current owners are willing to train the new owners in order to keep the business successful and profitable. With no other food service business allowed in the building, you're guaranteed not to have immediate competition move in. +/-500K in gross sales per year. Year-over-year profitable growth, with P&Ls available; please note, a non-disclosure is required before the P&Ls can be exchanged. With no business debt or outstanding accounts payable, owner salary draw-downs, and remaining end of year profits, this is a turn-key business with additional revenue stream opportunities for the right business minded individual.

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© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-10-03T13:06:41.153.
www.signaturepropertiesvt.com/homes/125959768
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253 Vt Route 15 Jericho, VT 05465

  • Price: $1,395,000
  • Status: Active
  • On Site: 226 Days
  • Updated: 50 min ago
  • MLS #: 4898477
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Jericho
County:
Chittenden
Area:
Jericho
Property Description
For sale is a very high volume pizza business in Jericho, VT in a prime commercial high-traffic location on busy Route 15, just 15 minutes away from Essex and 30 Minutes from Burlington. Close to over half a dozen ski resorts, this only increases the business' traffic. In business since 1985, this Pizzeria is offered with all commercial appliances, a security system, all current inventory, indoor and outdoor tables and chairs, and of course the brand name and intellectual property. Besides the benefits of being the only hand-made pizza parlor open on Mondays in the area, additional revenue opportunities also lie with deliveries and online ordering - which is currently not being taken advantage of. No fear of a slow down due to COVID, as business has only picked up. Understanding the need, the current owners are willing to train the new owners in order to keep the business successful and profitable. With no other food service business allowed in the building, you're guaranteed not to have immediate competition move in. +/-500K in gross sales per year. Year-over-year profitable growth, with P&Ls available; please note, a non-disclosure is required before the P&Ls can be exchanged. With no business debt or outstanding accounts payable, owner salary draw-downs, and remaining end of year profits, this is a turn-key business with additional revenue stream opportunities for the right business minded individual.
Exterior Features

Exterior MetalVinyl Parking Off StreetOn-SitePaved Road Frontage Yes

Interior Features

Basement No

Property Features

Accessibility Features Access ParkingAccess RestroomsHard Surface FlooringNo StairsNo Stairs From ParkingOne-Level BusinessPaved Parking Area Description Near ShoppingNear Skiing Auction No Commercial Features Furniture IncludedInventory IncludedOtherPhone SystemPublic RestroomsSecurity SystemSmoke/Heat DetectorsProgrammable ThermostatHeat Included Flood Zone Unknown Foreclosed / Bank Owned / REO No Gross Income 500000 Items Excluded Pepsi Coolers Are Leased Via Pepsi. A New Contract Will Be Required To Continue Service. Natural Gas Available Unknown Pre Construction No Sale Includes Business OnlyEquipmentInventoryOther Seasonal No Sewer Public Span Number 000-000-0000 Sub Property Type BusinessInvestmentOpportunityRetail Sub Property Type Use Food Service Tax Gross Amount 0 Utilities High Speed Intrnt -AvailInternet - CableTelephone At Site Vacant Land No Water Public Water - On-Site Zoning Commercial

Courtesy of Christopher Keller of Sherwood Real Estate: [IDXCONTACTINFORMATION].


© Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-10-03T13:06:41.153.
 
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Signature Properties of Vermont
1 Towne Marketplace Suite 18
Essex Junction VT, 05452