High Volume Mountain Resort Family Restaurant

Valley County, ID

High Volume Mountain Resort Family Restaurant

Asking Price:$599,000

Cash Flow:$245,000

Gross Revenue:$1,136,000

EBITDA:N/A

FF&E:$250,000

Inventory:$13,000

Established:N/A

High Volume Mountain Resort Family Restaurant

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Business Description

In business for nearly 30 years, this family restaurant has become a staple/go-to dinning destination in its laid back mountain resort community for locals and tourists. This business has a history of consistent profitability. The combination of good food, good value and cozy-laid back mountain atmosphere has been keys to its success. Another customer-friendly attribute is a menu chock full of core American food items ranging from burgers and pizza to the best salad bar in town. Local and other popular craft beers are served from its 10 taps. A decent selection of wine is also served. The business has 26 full and part time employees including a full time general manager and kitchen manager. The seller works full time during prime season and part time in non prime season. After over 28 years of ownership, the business owners are ready to pass the baton to an entrepreneurial minded buyer who can take the business to the next level or simply enjoy the business’ existing solid foundation.

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Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The restaurant is located in a beautiful mountain resort area in Idaho. Residents and visitors live in and visit the area for its exceptional “lifestyle” attributes and laid back atmosphere. With four distinct seasons, there is an abundance of recreational opportunities including world class whitewater rafting, fishing, horseback riding, skiing, hundreds of miles of hiking, running and mountain bike trails, along with thousands of acres of backcountry snowmobiling in the winter. The restaurant is approximately 5,100 square feet located in a freestanding building. The building is a very attractive single level structure and aesthetically a perfect fit for a mountain town setting. The building is leased and the Landlord will work with a buyer to provide a long term lease. Seating capacity is approximately 120 inside and approximately 50 outside on a deck with incredible views. There is plenty of parking on site and in adjacent public lots.
Growth & Expansion:
This business is an excellent add-on for a buyer who owns other restaurants. Such buyer can add value with greater buying power and instituting other cost optimization practices. The business should also be attractive to a buyer interested in purchasing a profitable life style business in one of the most beautiful areas in Idaho. The existing management team is an excellent benefit for either the existing restaurant buyer or owner operator buyer.

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Arthur J. Berry

Business Listed By:
Arthur J. Berry

Arthur Berry & Company

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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