Iconic Utah Restaurant & Catering Seeks New Owners

Not Disclosed, UT

Asking Price: Annual Revenue:
$2,595,000 $7,491,929

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Iconic Utah Restaurant & Catering Seeks New Owners Broker: Shiloh Sorensen

Quick Facts

Asking Price: $2,595,000
Annual Revenue: $7,491,929
Net Profit: Not Disclosed
Cash Flow: $782,358
Total Debt: Not Disclosed
FF&E: $418,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 100
BBN Listing #: 97854955
Broker Reference #: 7403-17097

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Business Overview:

This is a once-in-a-lifetime opportunity to acquire an iconic Utah restaurant. This Company boasts two "brick and mortar' locations and an exclusive in-house catering kitchen. They are also a preferred caterer to more than 20+ event centers and have serve 50+ different venues. Covering both northern and southern Utah this business has become the "go to" for fine dining and full service catering.

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Property Features and Assets:

This business has two full service "Brick & Mortar" locations and a in-house catering kitchen located in Utah. Each location has seats over 150 people and has strong customer retention. Assets:$436,500.

Market Competition and Expansion:

Although there is competition in the restaurant and catering services, this business is the "go to" for fine dinning and catering services. With a strong presence in Utah, the Company is focused on expanding catering services throughout Washington, Salt Lake and Utah county.

Reason for Selling:

Family owned business it is time to move on.

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.

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