Asset Sale: Restaurant with Spacious Facility and Prime Location
Listing Number: 15541-362369
Listing Details
Asset Sale: Restaurant with Spacious Facility and Prime Location
Price: $79,500
Location: Salt Lake County, Utah
- Down Payment: $64,500
- Sales: $0
- Seller's Discretionary Earnings: $0
- Inventory: $11,000
- Furniture, Fixtures, and Equipment: $66,000
- Rent: $3,800
- Employees: 5
- Year Established: 2000
- Reason for Selling: Focus on other businesses
Business Description
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
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