VERMONTLudlow

119 Main Street, Ludlow, VT 05149

Ludlow, VT 05149
$1,950,000
Commercial / Office

AGENTS

Douglas Elliman
Douglas Elliman
Listing Courtesy of Hospitality Consultants, LLC - 802-293-5007

Property Description

Trip Advisor#1 Rated restaurant in Ludlow. A turnkey operation ready for any restaurateur, hotelier or investor looking to own a year-round cash-flowing mountain town destination from afar or operate it themselves. Homestyle Restaurant is in the middle of the touristy hustle and bustle of Okemo Mountains main street less than a mile from the main ski lodge. Zoned/licensed as a restaurant and hotel since 2014 but currently operating solely as one of the Okemo Valleys best-reviewed and most-booked restaurants since converting all lodging rooms to dining rooms during the pandemic. Currently operates dinner service four days per week (4pm-9pm), 44 weeks per year. First level features a full bar and main dining room, upgraded commercial kitchen; second level has additional five private dining rooms; and outdoor al fresco dining on the wraparound porch adds extra ambiance May-October. Typical weekends are fully booked, serving 120-180 people per evening. A proven, consistent cash-flowing restaurant enterprise, plus opportunities to enhance and/or expand across event, meeting and lodging revenue streams. Updated building plus all equipment, assets, trademarks, promotion/web site customer databases, etc. The possibilities at Homestyle are numerous. All prospects will be asked to fill out the Prospect Information Package.
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PROPERTY DETAILS

  • Exterior
    .26 Acres
  • Property Type
    Commercial / Office
  • Year Built
    1835
  • MLS/Listing ID
    5020926
  • Days On Market
    643
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