Commercial Real Estate For Sale in Jericho, Vermont

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253 VT Route 15 Jericho VT 05465-9641

MLS Number 4898477

  • Commercial

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&L's available; please note, a non-disclosure is required before the P&L's 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.

Listed by Christopher Keller of Sherwood Real Estate

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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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 September 30, 2022 6:25 PM EDT.