Seller's Contact Information
- RE: Iconic Utah Restaurant & Catering Seeks New Owners
- Contact: Shiloh Sorensen
Quick Facts
Asking Price: | $1,500,000 | |
Annual Revenue: | $6,248,494 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $126,676 | |
Total Debt: | Not Disclosed | |
FF&E: | 418,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1979 | |
Employees: | 100 | |
BBN Listing #: | 97854955 | |
Broker Reference #: | 7403-17097 |
Business Overview:
This is a once-in-a-lifetime opportunity to acquire an iconic Utah restaurant. This Company offers a wonderful community oriented and family friendly fine dining experience as well as very successful catering services. They have an exclusive 'in-house' catering venue and are the preferred caterer to more than 20 venues in the area. Revenue is currently split evenly between the restaurant and the catering services with strong year over year growth.
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:
This business has a full service 'Brick & Mortar' location and an exclusive in-house catering kitchen. Company has invested more than $100k last year in equipment and supplies on in-house catering location. Each location seats over 100 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 Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Restaurant Business Opportunity
Business Opportunity!! Established and loved restaurant in Wavland, MS … owners has another business opportunity to be apart of in New Orleans … so this is your chance to walk into an established and well working business. They have until the end of April to decide. If no one takes advantage of this opportunity then they will carry on with the business here.
Waterfront Restaurant
Turn key operation, great for many concepts.Outdoor bar and boat slips for guests visiting on boat.
Commercial Hood Cleaning
This business is not a luxury but a necessity for the insurance and fire departments. We clean hundreds of restaurants and more calling everyday established is 1982 and more successful than ever!
Wisconsin Club, Tavern, Food Establishment
Long established business in a tourist Meca located in a thriving Midwest state. Property was built from the ground up and includes a espansive kitchen, dining area, and dance floor. At night, the club DJ is rocking all the tunes of the times complete with its epoxy dance floor and three full bars. Not to worry though as the Sunday Game Day is also great with the numerous TV's located around the property.
11 Subway restaurant group
Superbly well located, group of 11 restaurants of the largest national franchise fast food retail store (Subway), Fast food concept, with over 5 years of continuous operation. Great growth perspectives as many other units can be added.
My new Listing
bnvgfkuyfky
Money Making Butcher Shop, Restaurant & Grocery...
Phenomenal 3 facet business complete with grocery store, restaurant & butcher shop, fully operational and profitable, very established in high traffic area.
Profitable, well established, great visibility!
Well established business grossing over $420,000.00 annually with secure lease for new owner
Italian Family Restaurant #816
Established over 25 years ago, this family restaurant is in a high traffic area and has an excellent reputation for Italian food. It is centrally located near a major university and could be easily reconfigured into a sports bar, a proven winning formula for making money. For more information, contact Brian Jones using reply to this ad button.
Local Award Winning Iconic Two Location Restaurant
Two Full Service Restaurant locations that presently serve breakfast and lunch 7 days a week. Original location has been in operation for over 25 years. Real Estate is Available.
Pizza Shop
Well established Pizza Shop