MergerPlace

Niche Restaurant, Great Tourist Location

Utah (Garfield)


  • Asking Price: $385,000
  • Gross Income: $247,189
  • Cash Flow: $107,719
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $15,000
  • Listing ID: #219140
  • Established: 2012
  • Employees: 3 FT

Business Description

Excellent opportunity to invest in and/or work and live in beautiful southern Utah. Over the last 7 years this restaurant has become a staple of the community and a "must stop" for travelers on the road. They have developed this great reputation and a loyal customer base by having a great menu and consistently providing quality food at an affordable price. Surrounded by national and state parks, monuments and forests, this area continually attracts visitors from around the world. With a 4.5 star google rating these visitors know that this is the place to refuel.
This flexible business opportunity can run either seasonally or year-round. You could be your own boss as an owner-operated or hire employees and make it a self funding real estate investment. Don't miss out on your opportunity to own this iconic roadside treasure.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Utah
County: Garfield

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $385,000
Gross Revenue: $247,189
Cash Flow: $107,719
FF&E: $15,000
Inventory: $4,000
Seller Financing Available: No

Property Information

Facilities:

This drive thru is a 1240 sq. foot facility located on .30 acre right in the center of town at 40 east of a main street. This American classic has great frontage, ample parking and upgraded outdoor seating. The .3 of an acre real estate included in the sale is 2 separate commercial lots. Front lot is .18 acres and includes the restaurant. Back lot is .12 acres and includes a small out building that is currently used as a storage facility.

Growth & expansion opportunities:

Strategically positioned within a continually growing tourism market. New ownership could take advantage of this opportunity by expanding hours of operation during the busy season. Current facility could be expanded to include indoor seating. Continued marketing through social media activity is a proven revenue producer.

Competition:

Although there is competition in the area, this business has developed an outstanding reputation as the "go-to" place for great American classics. With an average of 4.5 star reviews from Google, Yelp, Tripadvisor and others, it attracts both local traffic and out of town visitors.

Reason for selling:

Owners are selling to pursue other interests.

Support & Training:

Will train for 4 weeks @ no cost. New business owner will be required to obtain a local business and health department license. Restaurant manager will be required to have a food safety permit and all employees will be required to have a food handlers permit. All of these licenses and permits are easily obtained through city offices or online courses.

Contact Business Seller

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Business Listed By:

Shiloh Sorensen

Murphy Business Brokers