Cuban-American Restaurant for sale in Utah
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CUBAN-AMERICAN RESTAURANT FOR SALE IN UTAH
Established in 2021, this thriving Cuban-American restaurant generates $550,000 in annual revenue with $149,000 in seller's discretionary earnings, all achieved without formal advertising. The business operates only 5 days per week, presenting immediate expansion opportunities.
BUSINESS HIGHLIGHTS:
• Prime location on busy intersection in high-tourism gateway area
• Close proximity to major attractions: Grand Canyon, Zions, Bryce Canyon, and Lake Powell
• Authentic Cuban cuisine with minimal local competition
• Strong online reputation with 4.5-star average across multiple platforms
• Established customer base of locals and tourists
• Clean, cheerful decor creating inviting atmosphere
FINANCIAL PERFORMANCE:
• Annual Revenue: $550,000
• Cash Flow (SDE): $149,000
• Monthly Lease: $2,750 for 2,400 sq ft facility
• Lease term through February 2031
• FF&E valued at $70,000
GROWTH OPPORTUNITIES:
• Expand operating days beyond current 5-day schedule
• Menu diversification including custom steaks and specialty items
• Acquire liquor license to increase revenue per customer
• Implement catering services and third-party delivery
• Launch formal advertising campaigns
• Leverage untapped market potential in underserved area
The Cuban-American concept fills a unique niche in the market, offering authentic cuisine alongside American classics. The strategic location captures both tourist traffic and local patronage in an area with limited dining diversity.
SUPPORT INCLUDED:
Sellers provide 3 months full-time training, with one owner available as part-time employee/manager to ensure smooth transition.
Reason for sale: Owners retiring due to age and health considerations.
Asking Price: $325,000
Established in 2021, this thriving Cuban-American restaurant generates $550,000 in annual revenue with $149,000 in seller's discretionary earnings, all achieved without formal advertising. The business operates only 5 days per week, presenting immediate expansion opportunities.
BUSINESS HIGHLIGHTS:
• Prime location on busy intersection in high-tourism gateway area
• Close proximity to major attractions: Grand Canyon, Zions, Bryce Canyon, and Lake Powell
• Authentic Cuban cuisine with minimal local competition
• Strong online reputation with 4.5-star average across multiple platforms
• Established customer base of locals and tourists
• Clean, cheerful decor creating inviting atmosphere
FINANCIAL PERFORMANCE:
• Annual Revenue: $550,000
• Cash Flow (SDE): $149,000
• Monthly Lease: $2,750 for 2,400 sq ft facility
• Lease term through February 2031
• FF&E valued at $70,000
GROWTH OPPORTUNITIES:
• Expand operating days beyond current 5-day schedule
• Menu diversification including custom steaks and specialty items
• Acquire liquor license to increase revenue per customer
• Implement catering services and third-party delivery
• Launch formal advertising campaigns
• Leverage untapped market potential in underserved area
The Cuban-American concept fills a unique niche in the market, offering authentic cuisine alongside American classics. The strategic location captures both tourist traffic and local patronage in an area with limited dining diversity.
SUPPORT INCLUDED:
Sellers provide 3 months full-time training, with one owner available as part-time employee/manager to ensure smooth transition.
Reason for sale: Owners retiring due to age and health considerations.
Asking Price: $325,000
About the Business
- Years in Operation
- 5
- Employees
- 8 (2 Full-time, 6 Part-time)
- Currently Home Based
- Yes
- Facilities & Assets
- Large dinning room and large patio facing a main busy road. Seating for 100 presently with room for more seating. Proprietary recipes. Fully equipped kitchen and assets of $70k
- Website
- https://lahavanacabana.com/
- Market Outlook / Competition
- Prime location. Strategically located on a bustling interception on a high tourism gateway area near to Grand canyon, Zions, Bryce and Lake Powell. Authentic Cuban-American concept faces minimal local competition attracting both locals and tourists.
- Opportunities for Growth
- Currently only operating 5 days a week. Growth potential opening more days of the week. While Cuban food drives a lot of business our American classics add value to those who want something different. Through menu expansion such as custom steaks or new owner specialty food would bring much needed diversity to the area. Acquisition of a liquor license, catering services, third party delivery integration. Also, advertising which we have never done.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- $2,750 per month
- Lease Expiration
- 2/13/2031
About the Sale
- Seller Motivation
- Owners are in their 60's and one of them has began to have chronic health issues
- Transition Support
- 3 months full time training of new owner or manager. One of the owners willing to stay as a part time employee/manager.
- Financing Options
- none
Listing Info
- ID
- 2515260
- Listing Views
- 6
Listing ID: 2515260 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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