Highly profitable award-winning five star restaurant

Salt Lake City, UT

Seller Financing Available

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Asking Price:$1,800,000
Inventory:$50,000
Cash Flow:$547,153
Established Year:2014
BUSINESS DESCRIPTION

This restaurant is a popular restaurant located in Utah. Known for its exceptional cuisine and inviting atmosphere, it offers a diverse menu featuring a range of culinary delights. The restaurant is committed to using locally sourced ingredients and supporting regional farmers and producers. With its carefully curated menu, This restaurant offers a unique dining experience that showcases the flavors and traditions of the region. The restaurant's interior design is modern and elegant, providing a comfortable setting for patrons to enjoy their meals. Alongside its delectable food, This restaurant offers a selection of fine wines and craft cocktails to complement the dining experience. The attentive and knowledgeable staff ensures that guests receive top-notch service and have a memorable time. Whether it's a special occasion, a casual dinner, or a gathering with friends, This restaurant is a go-to destination for food enthusiasts looking to savor the culinary delights of Utah.


DETAILED INFORMATION
Location
Salt Lake City, UT
Inventory
Not Included in asking price
Employees
27
Competition
The restaurant markets through their website and social media accounts. Most business comes from work-of-mouth referrals and online reviews. The restaurant is well-loved by guests with 52% repeat business and 48% new guests. It is rated 4.6 stars on Google with 549 reviews. Continue the current marketing efforts while expanding private events and garden dining. Invest heavily on bakery growth, especially wholesale accounts, which account for $3,500 per week.
Growth & Expansion
Potential growth opportunities include: - Extended bakery operations (lunch, open additional days, or add outdoor seating) - Increase seating inside the restaurant - Increase days open for dinner - Offer an additional meal, i.e. lunch or brunch - Events / Buyouts - Offer cooking classes
Support & Training
This is an absentee owner and does not require a new owner to work inside the business daily but the seller will train the new owner.
Reason for Selling
Owner is retiring and will allow plenty of time to train a new owner.
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Michelle
Regner
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Michelle Regner