Asset Sale: Restaurant with Spacious Facility and Prime Location

Asking Price$79,500

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$11,000
Not included in asking price
FF&E$66,000
Included in asking price
listing imageSave

Asset Sale: Restaurant with Spacious Facility and Prime Location


Asking Price$79,500

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$11,000
Not included in asking price
FF&E$66,000
Included in asking price

Seller Financing Available
Business Description
A proven concept with upside potential
This Classic American Style restaurant features a spacious facility in a prime location poised for significant growth under the guidance of a new operator. Favorable lease terms with below market rent.

Strengths/Uniqueness:
o Established in 2000
o Located right off exit ramp from Interstate highway, near Airport and multiple hotels and businesses
o Facility features dining area, separate private room, outdoor patio, large kitchen and extensive storage
o Significant growth potential
o Limited competition in area
About the Business
Years in Operation
25
Employees
5
Opportunities for Growth
The location has easy access for travelers, workers and locals. Opening on the weekend and later into the evening, outside catering to local businesses, renting and holding events in the separate dining area, and marketing are areas for growth.
The business is in the process of adding Uber Eats, Grub Hub and EZ Cater, The owner is exploring the feasibility of adding a small convenience store to service guests staying at the hotels/motels within walking distance.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,650
Rent
$3,800.00 per month
Lease Expiration
10/30/2027
About the Sale
Seller Motivation
Focus on other businesses
Transition Support
2 week
Financing Options
Financing Amount $15.000,00 Interest 8% Terms Months 12 Monthly Payment $1.304,83
Listing Info
ID
2396819
Listing Views
496

Contact Seller

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Business Listed by: Arthur Warsoff Transworld Business Advisors of Utah County

Listing ID: 2396819 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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