Heber Valley's Most Popular Restaurant and Bar

Contact Seller
Fantastic Online Reviews
Asking Price:
$315,000

Gross Revenue:
$749,433
Cash Flow:
$141,209
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$241,000
included in asking price

Share this business:

Business Description

This multiple award-winning restaurant serves contemporary American cuisine and has become a favorite for both locals and tourists. Their freshly made meals are focused on quality ingredients and unique flavors sourced locally whenever possible. The restaurant’s vibe is fun, hip and inviting. They have a full liquor license and added menu items including gluten free, vegetarian, gourmet desserts and child friendly options. The menu is well thought out and reflective of their customers desire for healthy and great tasting food, at reasonable prices. This restaurant consistently earns praise and excellent rankings from both professional critics and locals alike. The restaurant has limited off-site catering and has identified this as an area of future growth.

About the Business

Year Established:
2006
Number of Employees:
17
Real Estate:
Leased
Building Sq. Ft.:
4,483
Facilities:
The restaurant opened in 2006 after an extensive renovation of the building’s systems, interior and equipment. The restaurant is approximately 4,500 sq. ft. The casual, friendly and up to date facility lends itself to a growing clientele in the fastest growing area of Utah. The décor is both inviting and fresh. All equipment, furniture, fixtures, flooring, etc. are in good working order.
Market Outlook/
Competition:
The restaurant was the first in Wasatch County to bring contemporary food without Park City prices. Their space is larger than area competitors, enabling them to be one of the few venues capable of accommodating large parties and special event crowds, which fill the Wasatch Valley. Their large parking lot is one of very few in the County capable of accommodating recreational vehicles and trailers, common to the area.
Growth & Expansion:
The current owners have identified several opportunities for growth including the immediate possibility of opening for Breakfast where there is currently limited competition. There is also an opportunity for a new owner to expand the catering operations, particularly in the full-service area and large events. Because of the spacious parking lot, a new owner has a possibility of increasing the current seating capacity via outdoor seating (covered and uncovered.)
Contact the Seller

About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1463961
Ad Detail Views:
1008

Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Luke Hoffman

Transworld Business Advisors of Utah

 Show Phone Number

View My Active Listings
Sponsoring Broker:

Saul Komisar
Transworld Business Advisors of Utah
License# 10836346-SA00

U.S. Census Data for Wasatch County, UT
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Wasatch County, UT
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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 & Conditions.
;