Small-town diner
Listing ID: 4403

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This family-oriented diner is located in Utah’s scenic Wasatch mountains, within easy driving distance to Park City, Salt Lake City and Utah County. It serves burgers, shakes and other traditional drive-in fare to locals as well as the many tourists who visit all year long.
Purchased and renovated by a local resident who commutes out of the state each week, the restaurant is well-positioned to be taken over by an on-site restaurateur who can commit their full attention and experience to it. The current owner has been an absentee operator who has operated the restaurant seasonally, closing during the historically slower winter months. However, with its proximity to popular winter destinations, the area is fast becoming an all-year tourist attraction. With very few other restaurants, the town is looking for year-round dining, including another location that is open seven days a week.
The facility was completely renovated and is equipped with a full grill/hood, as well as a Broilvection char broiler. Outdoor patio seating was also added, increasing the total seating during the warmer months to 114, from the 40 inside seats available all year long.The real property the restaurant operates out of is included in the purchase price of $359,000. While the seller prefers to sell both the business and the real property, he is open to keeping the real estate and leasing the facility to a buyer of the restaurant operations.

  • Financials

  • $359,000.00Asking Price
  • $176,477.00Sales
  • -10520EBTIDA
  • 47000FF & E Value
Learn More About This Listing

For More Information Contact:

Coldwell Banker Mergers & Acquisitions
Elizabeth Bellit
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  • General Info

  • nHome Based
  • nFranchise Resell
  • Organization Type: Corporation
  • Reason For Sale: owner is absentee
  • yTraining & Support?
  • Training & Support Details: negotiable as needed
  • yCo-Brokering?
  • Facilities

  • approx. 1,300 sf on 2 levels Sq. Ft.Square Footage
  • Property

  • yReal Estate Included
  • Real Estate Details: 365000
  • Purchasing

  • uSeller Financing?

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