Bakery / Restaurant Breakfast & Lunch

Salt Lake City, UT
Salt Lake County

Downtown


Asking Price: Annual Revenue:
$795,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Bakery / Restaurant Breakfast & Lunch Broker: Kathleen Nichols
License #: S.0186077
Owner Financing is Available!
Balance paid over 18 months @6%

Quick Facts

Asking Price: $795,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $225,000
Real Estate: Not Disclosed
Year Established: 2022
Employees: 25
BBN Listing #: 86475142
Broker Reference #: 101-21831

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Business Overview:

Absentee, recently acquired and remodeled, Breakfast/Lunch business for sale with projected forward 12-month sales of over $1,500,000. Unique business model complimented by the dazzling décor adds to the ambiance along with the detectable and savory menu items. Diverse breakfast menu with big portions including classic omelets, pancake, French Toast and classic lunch sandwiches and hamburgers. Seller is very busy with other ventures but will train buyer for an extended period to ensure continuity and smooth transition. This business does not fit with seller's ventures, and it became available recently. It will not be here long. Call now. For quick response to your inquiry, please call listing broker George Karas (RE# S.0173285; Business Broker Permit# BUSB.0006847) at 702-290-9120 or gkaras@fcbb.com or Kathleen Nichols (RE# S.0186077; Business Broker Permit# BUSB.0007013) at 702-461-9057 or kathleen@fcbb.com.

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Property Features and Assets:

This is a leased location of 3,800 square feet with a Total monthly rent of $9,015. Lease ends 01/2032 with Two 5-years options. Seller is active with 15 Full Time and 10 Part Time employees. Hours of operation are 7am -3pm Monday to Friday. $10,000 in inventory and $225,000 in FF&E included in the asking Price. $300,000 made in leasehold improvements. Other Assets include signage worth $8,000. Health Permit & Business license required.

Reason for Selling:

Other business interests.

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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