Friday, February 19, 2010

7 Bakery Lane, Middlebury, Vermont

7 Bakery Lane, Middlebury, Vermont

* Offered at: $149,000
* MLS# 2905722
* Type: Commercial
* Listing Agent: John Nelson

General Information
Listed By: John Nelson of Lang McLaughry Spera-Middlebury

County: Addison Acres: 0.28 acres
Business Name: Tully & Marie's Number of Buildings: 1
Property Type: Dimensions: 36x74
Current Use: Bar/Tavern, Restaurant Approx. Office/Retail Sq. Ft.: 120
Resort: N Year Built: 1950

Remarks: Tully and Maries restaurant is one of Middlebury's finest. It is always busy lunch and dinner. The location on the Otter Creek is a perfect setting, popular with Vermonters, College students,and travelers. There is an active bar and the restaurant seats 76 inside and 32 on the deck overlooking the Creek. Gross revenue above $850,000 & net income above $127,000 with annual covers over 42,400. All equipment and furnishings are included. Equipment has been upgraded by the present owner.
Interior Features
# Of Stories: 2 Flooring: Carpet, Vinyl
Sq. Ft. (Total): 4,760 Water Heater: Municipal
Number of Rooms: 10 Heating Desc: A/C Central, Forced Air, Oil
Total Restrooms: 3 Elevators:
Number of Rental Units: 0 Sprinkler:
Room Description: Basement Desc: Full
Exterior Features
Style of Building: Downtown, Freestanding, Water Front Total # Parking Spaces: 30
Exterior Desc.: Wood Land Desc.: Downtown, Freestanding, Water Front
Roof Desc: Metal Water Source: Municipal
Road Frontage: N Sewer Desc.: Municipal
Road Frontage (Ft.): 500 Permitted Sewer (Gal.): unk
Other Information
Gross Income: Number of Employees: 20
Annual Operating Exp.: Sale Includes: Business Only, Equipment, Inventory
Net Operating Income: Available Docs: Annual Oper. Statements, Floor Plan, Permits/Licenses, Tax Returns
Tax Year:
Listed By
Office in Middlebury, VT Middlebury, VT

* Listing Office: Lang McLaughry Spera-Middlebury
* Address: 62 Court St
* Middlebury, VT 05753
* Office: 802.388.1000
* Email:

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