4570 Main St

4570 Main St , Manchester Center, Vermont, 05255 | 9,800 sq.f | $ 2,700,000

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About This Restaurant

Investment Highlights

The Location is the Hub of the Draw to Manchester and the proximity of the Hotel with approximately 425 rooms within walking distance Both the Restaurant and the Sports Bar offer outside seating in good weather Seasons Restaurant is just been Remodeled

Executive Summary

Manchester, VTSignature PropertyFirst time offered--two outstanding businesses--Seasons Restaurant and Haig?s Sports Bar plus a separate retail space! After 14 years, the owners have decided to retire. This is a package deal, sold together at an incredible price.The property is located near many fine hotels and inns. The Hampton Inn is directly across the street with 97 rooms and does not have bar or dining facilities. Also within walking distance to Orvis, Northshire Bookstore and designer outlets, this section of Route 7A boasts the most foot traffic making it one of Manchester?s premier locations. The site is 0.6 acres with a total of 7742 sq ft for both buildings. Seasons Restaurant/Haig?s Sports Bar is approximately 4390 sq ft plus 1241 sq ft on second floor. The retail space is 2,111 sq ft. The balance of the site is improved with a 43 paved parking spaces.Seasons Restaurant/Haig?s Sports BarWith a combined capacity of 122 seats, new owners will see a consistent net profit from both businesses when operating only five days per week.Total capacity for Seasons Restaurant is 72 seats. In June 2024, the interior of Seasons Restaurant got a new look with a remodel that was curated by professional designers. This included new booths, tables, chairs and flooring. Seasons Restaurant also offers an outdoor dining area with mature perennial gardens and firepit. Haig?s Sports Bar offers a total capacity of 50 seats, boasting a gas fireplace and 13 TVs, inside and out (including the bathrooms!) Indoor and outdoor merge when two overhead doors are open to the private patio. The patio has two fire pits, seating areas and a service bar.Haig?s Sports Bar is the only property in the Town of Manchester that is allowed to serve alcohol outside until 1 am. All others must stop at 11 PM. The second floor of this building offers open and locked storage areas, an employee bathroom with shower and two private offices.RetailRetail Store offers a large open showroom with expansive display windows on three sides. Completing the space are a conference room, three offices, one half bath and a kitchen.The Sellers require Hospitality Consultants, LLC to only share the financials with qualified buyers. Priced at: $2,700,000.** Buyers will be required to pay in addition to the purchase price, the inventory, dollar for dollar, at the Sellers cost at closing. This is standard in the industry for this type transaction.

Property Details

  • Sale Type    Owner User
  • Sale Condition    Business Value Included
  • Property Type    Retail
  • Property Subtype    Storefront Storefront Flex Showroom General Retail Freestanding General Retail Restaurant Storefront
  • Building Size    9,800
  • Year Built/Renovated    1976/2024
  • Price    2,700,000
  • Price Per SF    276
  • Building Height    1 Story
  • Building FAR    3.75
  • Land Acres    0.06 AC

Amenities

  • Fireplace
  • Restaurant
  • Signage
  • Storage Space
  • Air Conditioning
Date Created: 2024-07-16 04:23:48 Last Updated: 2024-07-16 04:23:48
Address: 4570 Main St , Manchester Center, Vermont, 05255