American Diner & Full Bar

Not Disclosed, UT
Salt Lake County


Asking Price: Annual Revenue:
$268,000 $714,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: American Diner & Full Bar Broker: Saul Komisar
Owner Financing is Available!

Quick Facts

Asking Price: $268,000
Annual Revenue: $714,000
Net Profit: Not Disclosed
Cash Flow: $132,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 30649963
Broker Reference #: 1401-84246

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Business Overview:

Twenty Years Successfully Servicing the Salt Lake Community

For twenty years this Salt Lake City restaurant has had a loyal following and great online reviews. Recipes are well thought out and organized. The kitchen staff is fully intact, well trained and with long tenures. The front staff also has been in place for many years including the management team. The restaurant has a full liquor license and a separate area with a complete bar. This business has been profitable for many years and still growing. The owners are ready to retire and relocate.

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Property Features and Assets:

The restaurant has all of the required equipment, including walk-ins, hoods, grease trap, espresso machines, etc. It is a vast array of equipment that is in good working condition and not being used at full capacity. The restaurant itself has recently been updated and has plenty of room for expansion. • Newly Remodeled Restaurant • Fantastic Online Reviews • Twenty Years Successfully in Business • Full Liquor License • Room to Expand with Additional Seating • Long Term Lease Possible • Owner Financing Available for a Qualified Buyer • Consistent Revenues

Market Competition and Expansion:

The current owners essentially spend nothing on marketing. There is a built-in base of repeat customers, which provide consistent revenues. A new owner has the opportunity to build a website and invest in traditional marketing efforts. An enthusiastic buyer could easily expand the bar area without taking away from the food service. The restaurant also does not cater or deliver, which the current owners believe would substantially grow both the top and bottom lines of the business.

Reason for Selling:

Retirement

Additional Details:

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

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