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Vietnamese Cafe

Salt Lake City, UT (Salt Lake County)

Seller Financing Available
Restaurant for sale Colliers M&A
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Asking Price: $450,000

Cash Flow: $208,860

Gross Revenue: $965,531

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $8,821.25 /Month

Established: 2013

Vietnamese Cafe

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Business Description

This popular café opened in 2013 in a busy Sugarhouse retail and restaurant corridor. Owned by long-time successful restaurateurs in the area, the cafe enjoys not only strong reviews and loyal customers, but very healthy profits.

The cafe offers something different from most of Salt Lake’s Vietnamese restaurants. It’s a bit more upscale than you might expect, with a vibrant color palette, subdued lighting, a large communal table in the front of the restaurant, counter seats that are perfect for solo diners, and a couple of booths in the back.

The menu features a wide range of Vietnamese specialties plus a decent little wine and beer selection. The owners are selling the restaurant to focus on a new restaurant in the Southeast part of the Valley that will be non-competitive – the business is has been absentee-managed the last three years. They firmly believe that this restaurant has all of the features to become a multi-unit and franchisable success. Some seller financing is negotiable for a qualified buyer.

Detailed Information

Location:
Salt Lake City, UT
Real Estate:
Leased
Building SF:
1,836
Lease Expiration:
N/A
Facilities:
approx. 1,836 sf.
Financing:
some seller financing is negotiable for a qualified buyer
Support & Training:
negotiable as needed
Reason for Selling:
focus on other business
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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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