Business For Sale - Nectar's & Metronome 180-192 Main Street, Burlington, VT - Business For Sale - Burlington, VT

Business
Business For Sale - Burlington, VT
                        For Sale

 Nectar’s & Metronome
  180-192 Main Street,
        Burlington, VT

Business For Sale - Burlington, VT

Offering Highlights - Nectar’s & Club Metronome
Comments:
The historical bar and music venue was pioneered by none other than Nectar Rorris in 1975. His vision for
the space was simple; serve food for breakfast, lunch and dinner and then every night have live bands play-
ing with no cover. The venue soon became a place for local bands to ’hone their chops’ as they ventured out
into Burlington's music scene. Nectars has since been operating for over 40 years and has become the
launching point for bands such as Phish, Grace Potter & The Nocturnals, as well as Kat Wright & her Indomi-
table Soul Band. Whether listening and dancing to local music or eating their famous gravy fries, a visit to
Burlington, Vermont is not complete with out stopping by the music and entertainment hub that is Nectars.
Size:                5,287 SF with access to
                     5,332 SF of basement
Concept:             Bar/Restaurant/Live Music
Capacity:            240
Zoning:              Downtown
Assets:              This venue already has an established
                     Website, Facebook page, and business
                     with over 40 years of history in Down
                     town Burlington.
Licenses:            Full Liquor and Full Entertainment (until
                     2 AM).
Confidentiality:     Signed Confidentiality Agreement
                     required.

Asking Price:         $550,000

Business For Sale - Burlington, VT
Nectars - First Floor
A long-standing landmark on Main Street in Burlington, Nectar’s res-
taurant and bar has been the headquarters for thousands of local,
regional and national music acts. From Phish to Grace Potter, from
reggae to rock, Nectar’s Bar and Lounge is THE place to see live music
in downtown Burlington.

The building itself has a long history of entertaining. Originally home to a savings and loan business, the building was
purchased to create a two-story restaurant/lounge called the Hi-Hat. The chandelier that hangs over the main room
today is a relic of the grand Hi-Hat. In 1975, Nectar Rorris bought the building to create the infamous Nectar’s. The
stage became legendary when a group of then-unknown local musicians known as Phish began to play regularly, sow-
ing the seeds of their enormous following. Nectar’s continues to operate on the first floor of the property, anchoring
this three story property.

Tenant:             YA DUDE, LLC, dba Nectar’s

Square Footage:     5,287 square feet with access to 5,332 SF of basement
                    space.
Capacity:           240
Website:            Www.liveatenectars.com

                                     Bar/Stage

       Kitchen
                                           Lounge

Business For Sale - Burlington, VT

Offering Highlights - Metronome
Comments:

This night club/bar is located in the heart of Downtown Burlington. It is within walking distance of Church
Street Marketplace, the downtown shopping district and a short walk to the shores of Lake Champlain. With
historic roots in Burlington this venue has much to offer its new owner.

Size:         3,870 SF

Concept:      Bar/Pub/ Night Club/Live Music

Zoning:       Downtown

Assets:       This venue already has an established
              Website, Facebook page, and busi
              ness with over 40 years of history in
              Downtown Burlington.
Licenses:     Full Liquor and Full Entertainment
              (until 2 AM).

Confidentiality: Signed Confidentiality Agreement
               required.

Business For Sale - Burlington, VT
Metronome - Second Floor

Above Nectar’s, a dimly lit nightclub hosts DJs and bands until 2 a.m. nightly. Metronome is the premier
downtown club suited for DJ dance parties, live music, karaoke, comedy shows and private parties. With a
variety of musical guests and entertainment Club Metronome has much to offer. On Saturday's they offer
“Retronome” for throwback dance tunes and an inviting atmosphere.

Tenant:           Ya Dude, LLC doing business as Club Metronome
Square Footage:   3,880 square feet

Capacity:         250
Website:          Www.clubmetronome.com

                                            Stage

Business For Sale - Burlington, VT
 Artist History

Press
In a recently published article in Seven Days Magazine, the bar/night club is recognized for it’s 40th anniversary and
contribution to the music scene in Vermont. Below are a few short excerpts...

“Between '84 and '89, Phish played a total of 44 shows at Nectar's, many of them three-night runs on off nights — Sun-
day through Tuesday. As their popularity exploded, the band inevitably outgrew the club. Though Rorris would relax
his strict rules regarding start times and the length of set breaks for Phish, there was one commandment even they
couldn't violate: no cover charge.”

“And that lore isn't lacking. "It was a meeting place," recalls musician Frazier of Nectar's early days. "It's where you'd
go to make plans for the night or maybe just hang out there." Nectar's was also an extension of Burlington's halls of
democracy. "A lot of times you'd see local politicians hav-
ing meetings, talking about whatever it is politicians talk
about,"

Business For Sale - Burlington, VT
Church St. Marketplace nearby….

                                                                 Church Street Marketplace is a vibrant and booming
                                                                 downtown mecca in the City of Burlington. With a
                                                                 surplus of existing retailers and restaurants and the
                                                                 planned mall redevelopment underway, it is quickly
                                                                 becoming a hub for tourists, students and locals alike.
                                                                 It is an exciting time to join the Church Street Market-
                                                                 place and become part of the heart of Burlington.

With four hotels within walking distance to downtown Burlington, there is never a shortage of places to stay. Burling-
ton is home to two universities within walking distance of downtown; University of Vermont and Champlain College,
housing more than 14,000 students. With St. Michaels College and Champlain Community College just a short drive
away. Burlington also offers a vibrant night life. The historic Flynn Theater, Roxy and Vermont Comedy Club are just a
few of the attractions Burlington has to offer.

Business For Sale - Burlington, VT
City Place—$225 million multi-block redevelopment
                                        Planned Mall Redevelopment

                                              Church Street Marketplace

 City Hall

 Courthouse Plaza

                                      180 - 192 Main Street, Burlington,

Business For Sale - Burlington, VT
Consumer Disclosure

Business
Business For            For Sale,
             Sale - Burlington, VT
                 Burlington, VT

                               For Sale

       Steve Donahue: Steve@DonahueAssociatesVT.com
       Exclusive Listing Agent
       802-862-6880