Welcome to an exceptional offering. An established restaurant business combined with valuable real estate in a prime location. This is a rare opportunity for entrepreneurs, investors, or hospitality professionals seeking a turnkey operation with the added advantage of property ownership. The restaurant, known as The Raven’s Den Steakhouse, has been operating successfully for 10+ years and has become a beloved dining destination in Manchester, VT. With a loyal customer base and a reputation for culinary excellence, this establishment is poised for continued success under new ownership. Situated in a highly desirable area, this property offers not only a thriving business but also valuable real estate. The strategically located premises ensure maximum exposure and accessibility. The restaurant features a thoughtfully designed interior, creating an inviting atmosphere for guests. The sale includes all the necessary equipment, fixtures, and furnishings, enabling a seamless transition for the new owner. The real estate includes a newly renovated 1-bedroom apartment. The restaurant has a track record of consistent profitability and strong financial performance. Financial records will be made available to serious buyers upon request. The restaurant operates with a dedicated team of experienced chefs, skilled staff, and efficient management personnel committed to the restaurant's success. Seller financing available.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $1,054 | $1,054 | $1,054 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,669 | $8,297 | $11,143 |
Total Monthly Payment | $8,848 | $9,476 | $12,322 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.