SALE PENDING: High-end Destination Restaurant w/ Real Estate
- List Price: $4,500,000
- Sales: $5,083,729
- Adjusted Income: $1,312,556
- Down Payment: NA
- FFE Values: $696,000
- Inventory: $140,000
- R.E. Value: $6,400,000
- Location: Utah
Welcome to an extraordinary, once-in-a generation opportunity to own one of Utah’s premier restaurants located in a unique and idyllic setting just minutes from downtown Salt Lake City.
This long-established fine dining and event destination has earned a long list of awards and been recognized with national and local honors. Every detail is meticulously crafted to deliver an unforgettable experience, with regionally inspired cuisine, specialty cocktails and a wine selection that is recognized by Wine Spectator every year.
The majority owner is retiring and selling her interest. The experienced co-owners/managers are willing to sell all or a portion of their interests and to stay on during and after the transition. The majority owner would also like to sell all the real estate.
The real estate includes a large restaurant space with three indoor seating options as well as a summer patio. The restaurant currently has 17 full-time and 45 part-time employees. Training and a non-compete agreement will both be included for a new owner.