Scenic Restaurant
Location:
United States
->
Utah
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Since 1989, this full-service restaurant has been located near a major interstate highway in a scenic location. The restaurant features banquet facilities, an on-premises bakery, seasonal buffets and a full salad bar. Over the years they have established an excellent reputation for high quality food and service, and they specialize in catering to bus tours and the general tourist trade. The business has a small gift shop which could be developed into a much more substantial revenue source. The surrounding area is experiencing significant development, which is bringing in other related industrial businesses, resulting in strong permanent population growth. The sellers are retiring and want to pass this excellent business on to an experienced and enthusiastic new owner. Asking price for the business is $350,000. The real estate, building and land are also offered for sale, for an additional $620,000. Contact for more information on this Restaurant for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$884,542
Cash Flow:
$150,285
Cash Flow Type: EBITDA
Inventory: $215,000
Seller Financing: Yes
About The Business
Year Established: 1989
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Negotiable.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70083606
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