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Owner-managed Café

Salt Lake County, UT

Seller Financing Available
Restaurant for sale Colliers M&A
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Asking Price: $150,000

Cash Flow: $68,336

Gross Revenue: $338,990

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $2,000 /Month

Established: 2012

Owner-managed Café

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Business Description

This café is an independent, owner-managed full-service restaurant that, over the last four years, has generated a consistent revenue growth of 15%. This 15% growth is also reflected in a similar growth in positive cash flow. This growth rate is expected to triple with completion of large residential and commercial projects nearby. The business has an excellent long-term lease, through 2031.
The café’s kitchen is licensed for three food trucks – currently two trucks work out of the kitchen and pay $1,000/month. A new owner can add his own food trucks or continue take the revenue stream generated by these spaces. The café also has a fully functional two-window drive thru that is not being used. Currently the café is not open for breakfast, which could also be an additional revenue stream. There is a basement to the café that is large enough to accommodate the storage needed to open a second online business. Some seller financing may be negotiable for a qualified buyer.

Detailed Information

Location:
Salt Lake County, UT
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
approx. 2,000 sf
Financing:
Some seller financing may be negotiable for a qualified buyer.
Support & Training:
20 hours
Reason for Selling:
health issues
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(from currently available funds)
 
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Colliers International Mergers & Acquisitions

Business Listed By:
Elizabeth Bellit

Colliers International Mergers & Acquisitions

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