119 Main St Ludlow, VT 05149

This turnkey, four-season business is suited for a restaurateur, hotelier, or investor seeking a year-round, cash-flowing destination in a mountain town. Located in the heart of the tourist district on Okemo Mountain's main street in Ludlow, VT, it is less than a mile from the main ski lodge. Zoned and licensed as both a restaurant and hotel since 2014, it currently operates as a highly-rated restaurant, a change made during the pandemic by converting all lodging rooms into dining spaces. The restaurant operates dinner service four days a week (4pm-9pm), 44 weeks per year. The first level features a full bar and main dining room, along with an upgraded commercial kitchen. The second level offers five private dining rooms. Outdoor dining is available on the wraparound porch from May to October. Typical weekends see full bookings, serving 120-180 people per evening, with a waiting list averaging 50-600 people per night. This property offers a consistent cash-flowing restaurant enterprise, with opportunities to expand across event, meeting, and lodging revenue streams. The price includes the updated 5,000-sq.-ft. building on 0.26 acres, along with all business equipment, assets, trademarks, promotion and website platforms, and customer databases. Opportunities exist for expanded food service, catering, and special events.