Successful European Restaurant in Park City

Park City, UT
Summit County


Asking Price: Annual Revenue:
$525,000 $458,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Successful European Restaurant in Park City Broker: Aimee Christiansen
Owner Financing is Available!

Quick Facts

Asking Price: $525,000
Annual Revenue: $458,000
Net Profit: Not Disclosed
Cash Flow: $231,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 7
BBN Listing #: 995249963
Broker Reference #: 1401-983367

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Business Overview:

This Park City favorite has been in business for many years and has established a loyal following amongst locals and repeat seasonal tourists. The restaurant has the highest online reviews in Park City and is regularly booked to capacity with reservations required. The dishes are prepared with passion and tradition, using only the freshest, highest quality ingredients. The atmosphere is cozy with a seating capacity just over forty. Situated in a high traffic location near shopping and major attractions, the restaurant is not hindered by parking issues plaguing most Park City restaurants. This is an ideal opportunity to own a restaurant the number one ski town in the US.
Business Highlights:
• Favorable Lease
• Ideal location with ample parking
• Identified areas for growth
• Excellent Online Reviews
• Loyal Clientele with Reservations Booked for Weeks in Advance
• Turn-key Restaurant with Trained Front and Back Staff
• Accounting Records in Pristine Condition

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Property Features and Assets:

Included in the sale is an immaculate kitchen with equipment that was purchased new and well maintained, ample parking and family recipes built over generations.

Market Competition and Expansion:

None. This restaurant has successfully created its own category and is beyond comparison. The current owners only have the restaurant open five days a week for dinner. The previous and popular lunch menu can easily be re-established as the owners set it to the side to focus on their dinner menu. Outdoor seating is available and constant take-out and catering requests can be added, which the current owners are not pursuing.

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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