Salt Lake City Fast-Casual Restaurant

Salt Lake City, UT
Salt Lake County

Asking Price: Annual Revenue:
$410,000 $910,193

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Salt Lake City Fast-Casual Restaurant Broker: Seller of Business
Owner Financing is Available!
Some seller financing can be negotiable for a qualified buyer

Quick Facts

Asking Price: $410,000
Annual Revenue: $910,193
Net Profit: $152,015
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $325,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 17
BBN Listing #: 72184931
Broker Reference #: Not Disclosed

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Business Overview:

This absentee-owned downtown fast-casual restaurant strives to provide customizable, wholesome and nutritious meals quickly, for dine-in or takeout. The menu has a wide variety of oatmeal bowls, scrambles, salads, stir fries, assorted sides, wraps, beverages, smoothies, and desserts. They pride themselves on sourcing the best ingredients, the freshest produce and making everything from scratch.

This concept was built with scalability in mind -- equipment, talent, menu, and technology are organized with the express purpose of expansion. This first location houses two fully trained managers ready to open another store, a growth-oriented PoS system, a replicable kitchen, and a projected opening cost between $500,000 and $600,000 per location. The restaurant is in a busy location with great foot traffic from downtown workers, visitors, and residents.

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Property Features and Assets:

Approximately 6,900 square feet on 2 floors.

Reason for Selling:

Pursuing other opportunities

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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