Local Restaurant Chain

Not Disclosed, UT

Wasatch Front


Asking Price: Annual Revenue:
$6,000,000 $12,511,489

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Local Restaurant Chain Broker: Elizabeth Bellit
Owner Financing is Available!
A seller note on the business may be negotiable for a highly qualified buyer.

Quick Facts

Asking Price: $6,000,000
Annual Revenue: $12,511,489
Net Profit: $975,045
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 7224931
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

This go-to destination for locals and visitors for decades serves a unique menu of specialized cuisine and is known for consistent high-quality and amazing food that has received both local and national recognition. Pre-COVD (in 2019) they had $12.5 million in gross sales, and the Company is seeing early 2022 sales rebounding to pre-COVID levels.

The company was able to survive the pandemic by creating a healthy take-out business that should continue to thrive even as the dine-in business approaches pre-pandemic levels. The business is run efficiently, with some operating functions under a centralized management arm, and many menu items created in a shared commissary kitchen to maintain recipe quality and consistency. There are exciting opportunities to grow the business geographically and market a proprietary line of food products.

The real estate, owned by a related entity, is also available for sale for $8,245,000. A seller note on the business may be negotiable for a highly qualified buyer.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Multiple locations owned by a related entity.

Reason for Selling:

Retirement

Additional Details:

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

Relevant Links:

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