Established Restaurant In Growing Resort Town

Business Overview:

THE COOLEST RESTAURANT IN Bear Lake, Utah IS FOR SALE. Cody's Gastro Garage was opened in 2017 and quickly became the most popular dining establishment in the area. Located in the heart of Garden City in the nicest and newest commercial building in town. Selling the restaurant business. The building is also for sale but not part of this transaction. The building listing can be found on the commercial real estate listing service. Most of the FF&E will stay, however some of the items are personal to the owner and are not for sale. Garden City is a very seasonal location with summer being most popular, Cody's has managed to stay open year-round and has set the bar in the area for competing businesses. The Cody's brand may be licensable, or you can rebrand as you desire. The Hot Rod and Harley theme is cool and has been well received. but you’ll need to get your own cars and bikes if you want to maintain the theme. We employ the best and most loyal employees in the area, and they will transition with the new owner. The restaurant is decked out with the best equipment and fixtures. The current owner has been absentee and lives 3 hours away. He is looking to establish something a little closer to home. This is a killer opportunity. Bear Lake is growing, the off season is filling in, and there is still room for growth. This is a dream opportunity for an owner operator. DO NOT VISIT THE RESTAURANT AND DISCUSS THIS WITH THE EMPLOYEES. Contact me directly and let’s chat. Text me and we can set up a call. I have financials, lease agreements, photos, and more to share once an NDA is signed. TO BE CLEAR: I am selling the business, most of the physical assets, and whatever inventory is in place when the deal closes. The Brand may be available to license, but that can be discussed. A new owner can make a few simple tweaks to the brand and make it their own. · 3685 Sq Feet · Building built in 2017. · Plenty of parking · Current Liquor License and Bar Onsite · Outdoor Patio

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Property Features and Assets:

The restaurant is located in a new building in the heart of Garden City, Utah. The other businesses in the building are a Spa, old fashion candy store and surf shop/clothing store, which are also for sale. The building is located on the same property as 32 new luxurious condominiums and close to the lake. This provides a very strong customer base. Cody's was opened in 2017 and quickly earned a reputation as the coolest place to eat and the best food in town. We have a bar with a full liquor license.  

Market Competition and Expansion:

Cody's really is the coolest place to eat in town. The Bear Lake area is a very popular summer resort destination. The fall and spring shoulder seasons are when the locals come out of hiding and frequent the local business. There is a ski resort 15 minutes from the restaurant and great snowmobiling in the area. Cody's is one of the few restaurants that stays open year round. Winter business had been increasing over the years. Cody's also caters and this has been a steady source of income as well. The owner is absentee, this provides significant opportunity for an owner operator to improve operations, efficiencies, and better understand the local economy and the opportunities that come with that.    

Reason for Selling:

Moving

Additional Details:

Documents:

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