Business Overview:
This establishment is considered one of the more exclusive and unique winter experiences in Utah that combines outdoor experience with fine dining and live music. The business gets a lot of national and international press mentions because of the uniqueness of the concept. It averages 98% occupancy, and with a long waitlist, the business has a consistent and predictable revenue.
The business has been in its current location for more than 23 years, and the dining space is 700 SF with rent based on a percentage of revenue. There is plenty of parking in the area.
The unique experience of this business means that there is little to no competition to what they offer. The cash flow has been strongly positive year after year, even though it is only open for the winter season. It is easy to manage with a reliable and dependable team of experienced employees, as 80% of the employees have been with the business for many years.
A new owner could expand to another location and utilize the resources that this location has, allowing for additional revenue streams while keeping additional costs to a minimum. Adding back lunch offerings, which were eliminated during Covid, would also increase revenue and profitability.
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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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