4182 Waterbury-Stowe Rd, Waterbury, VT 05677, Waterbury, VT 05676
sale
$1,299,000
|
Other
Courtesy Of Coldwell Banker Carlson Real Estate
Discover the exciting new chapter for Michael's on the Hill-a renowned, award-winning landmark restaurant with over 20 years of cherished history in the Stowe area. Nestled on Route 100 in Waterbury Center, this stunning property attracts an average daily traffic count of over 12,000, making it a prime location for success. Housed in a beautifully restored 1820s farmhouse, the venue offers multiple cozy dining areas for up to 82 guests. Set in a scenic location with breathtaking sunsets and views stretching from Mount Mansfield to Camel's Hump, this property combines historic charm with modern appeal, providing everything needed to operate a thriving hospitality business. With a loyal customer base built over two decades, drawing both locals and visitors, this turnkey opportunity includes all existing inventory-restaurant equipment, furniture, grounds (4 acres), and a professional website (current inventory, food, wine, etc, can be negotiated separately). The sale also encompasses valuable intellectual property, such as recipes, menus, staff training protocols, beverage programs, policies, and seasonal forecasting data. There is an option to purchase Michael's on the Mountain wine shop in Stowe, offering additional revenue streams. If you've ever dreamed of owning a successful restaurant in a stunning setting, this exceptional opportunity might be just what you've been waiting for.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 5075081
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