Sugar House Bar

Salt Lake City, UT Salt Lake County

Asking Price: $2,000,000

Annual Revenue: Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Sugar House Bar
Contact: Dean Wiltse

Owner Financing is Available!

Owner will finance $1,000,000 over 20 years at 7%

Quick Facts

	Asking Price:	$2,000,000
	Annual Revenue:	Not Disclosed
	Net Profit:	Not Disclosed
	Cash Flow:	Not Disclosed
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	2000
	Employees:	6
	BBN Listing #:	SB-54822
	Broker Reference #:	DRAPERUT001-54822

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Business Overview:

Genuine unique opportunity to own two bars in the hottest spot in Salt Lake City, Sugar House wont last! Make your name or Brand famous. The 3000 square feet bar that has been open for years, has a separate adjoining space, different vibe, ready to open. It might be one of the most vibrant neighborhoods in town. Our Sugar House Bar is one of the best nightlife gems in all of Sugarhouse – and is moreover one of Salt Lake's all-around favorite watering holes.

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Property Features and Assets:

2 Full bars, 4 restrooms, pool tables, private sitting areas

Market Competition and Expansion:

Sugar House is considered by many to be one of Salt Lake’s most desirable and walkable neighborhoods in the entire Salt Lake Valley. The ‘heart’ of Sugar House is only 20 blocks to downtown Salt Lake City. Sugar House is experiencing a lot of new development, both residential and commercial, making the area even more dense and walkable. Sugar House is known for Westminster College.

Reason for Selling:

Retirement

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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