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Salt Lake City Fast-Casual Restaurant

Salt Lake City, UT (Salt Lake County)

Restaurant for Sale Colliers M&A
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Asking Price: $415,000

Cash Flow: $152,015

Gross Revenue: $910,193

EBITDA: N/A

FF&E: $325,000

Inventory: $25,000

Rent: $7,700 /Month

Established: 2016

Salt Lake City Fast-Casual Restaurant

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Business Description

Absentee-run, built for scalability & expansion

This absentee-owned downtown fast-casual restaurant strives to provide customizable, wholesome and nutritious meals quickly, for dine-in or takeout. The menu has a wide variety of oatmeal bowls, scrambles, salads, stir fries, assorted sides, wraps, beverages, smoothies, and desserts. They pride themselves on sourcing the best ingredients, the freshest produce and making everything from scratch.

This concept was built with scalability in mind -- equipment, talent, menu, and technology are organized with the express purpose of expansion. This first location houses two fully trained managers ready to open another store, a growth-oriented PoS system, a replicable kitchen, and a projected opening cost between $500K and $600K per location. The restaurant is in a busy location with great foot traffic from downtown workers, visitors, and residents.

Detailed Information

Location:
Salt Lake City, UT
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,900
Lease Expiration:
N/A
Employees:
17
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
approx 6,900 sf on 2 floors
Financing:
some seller financing may be negotiable for a qualified buyer
Support & Training:
negotiable as needed
Reason for Selling:
pursuing other opportunities
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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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