Business For Sale

Nat. & Local Award-Winning Restaurant in Park City

Park City, UT
Summit County


Asking Price: Annual Revenue:
$385,000 $575,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Nat. & Local Award-Winning Restaurant in Park City Broker: Luke Hoffman
Owner Financing is Available!

Quick Facts

Asking Price: $385,000
Annual Revenue: $575,000
Net Profit: Not Disclosed
Cash Flow: $212,000
Total Debt: Not Disclosed
FF&E: $201,250
Real Estate: Not Disclosed
Year Established: 2006
Employees: 16
BBN Listing #: 501249963
Broker Reference #: 1401-500395

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Business Overview:

Opportunity to Purchase the real estate as well in an area with very little curr

Award winning Park City restaurant featuring a healthy, unique, and culturally diverse cuisine. In operation for over ten years, the business is a favorite of both locals and repeat tourists alike. The restaurant provides Breakfast, Lunch and Dinner. The menu features seasonal selections, consisting of local and fresh ingredients. All meats are responsibly sourced, naturally fed, free-ranging and always hormone-free. The menu also offers a large selection of vegan and gluten-free items, which are also procured locally and organically. The menu is well thought out by a nationally acclaimed, expert chef. The dishes and ingredients, while favorably complex, are well documented and easily transferable to a new owner. The business has a full liquor license, which may be currently underutilized. The business also has a happy, well-trained, and experienced front and kitchen staff.

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Property Features and Assets:

All assets are included and in good working condition. 1,530 square feet of enclosed space plus an additional 1,500 square feet patio. The restaurant is 1,530 square feet of cozy, well-appointed space with a layout accommodating family, couples, and professionals all at the same time. There is a beautiful 1,500 square feet open air patio that allows Spring and Summer guests to enjoy an evening cocktail and meal near the base of Park City Mountain. The kitchen is fully equipped, thoughtfully designed, and has all the needed permits for packaging and distributing food to other restaurants and retailers, which is a growing revenue base for the business. Selling branded, pre-packaged foods to local groceries and markets is a relatively new revenue generator for the business and represents that fastest growing avenue for future growth. The business also owns food and catering trucks that can be utilized for the sale for food at fairs, festivals, farmers markets, etc. The current owner also owns the building, which can be included in the sale.

Market Competition and Expansion:

While there are restaurants in the surrounding area, there are no direct competitors offering the same menu options in Park City. This opportunity includes a recently formed business that has a branded product line of conveniently prepared, ready-to-eat sauces and meals prepared with fresh, vegan, gluten, and preservative-free ingredients. There are new contracts with local grocery stores in place that support the profitability of the business model and the current owner believes this represents that greatest area of future growth for the company. This revenue channel also has synergy with the restaurant and catering businesses by bringing more exposure to both, thus creating cross-promotion opportunities.

Reason for Selling:

Relocating

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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