Listed by Christopher Keller, Sherwood Real Estate

253 VT Route 15

Jericho, VT, 05465-9641

$1,395,000

$1,395,000
Active
Active
 - For Sale
property_type
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.
MLS® ID:
4898477
Listed:
2/17/22
Updated:
10/6/22
Four Seasons Sotheby's International Realty
Nancy Warren

Exterior/Building Features

Exterior Features
Metal, Vinyl
Sewer
Public

Other Property Details

Area Name
VT-Chittenden
Taxes
$0
Tax Frequency
per YEAR
Garage
Yes
Parking
Off Street, On-Site, Paved
View
N
Utilities
High Speed Intrnt -Avail, Internet - Cable, Telephone At Site
Water Source
Public Water - On-Site
Pool
No
Zoning
Commercial

Property History

Date
Event
Price
Value
9/12/22
Price Change
$1,395,000
-6%
9/12/22
Price Change
$1,485,000
0%

Listed by Christopher Keller, Sherwood Real Estate

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Four Seasons Sotheby's International Realty
Nancy Warren
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