Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Listed by:

Transworld Business Advisors of Utah County

Broker license number: 9567324-SA00

Fast Casual Restaurant And Catering Business For Sale

Salt Lake County, Utah
Asking Price:
$250,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$462,420 (USD)
Cash Flow:
$198,363 (USD)

PRICED REDUCED! HIGHLY MOTIVATED SELLERS!

This restaurant is a fast-casual, Latin-themed restaurant that emphasizes fresh, barbequed meats with vegetable side options as well as specialty fruit-based drinks and desserts. There are also vegetarian options and an extensive dessert menu to please all palates. The restaurant’s emphasis on fresh ingredients has helped to grow the catering side of the business, providing fresh, affordable food options for offices, weddings and other parties. The restaurant has a loyal following and great online reviews from across all of the key platforms.

Property information

Real Estate:

Lease

Leasehold Rent:

$50,400 (USD) per annum

Location:

End location in local strip mall - good street exposure.

Premises Details:

The restaurant opened in its current format in 2013, and the owners have over 30 years’ combined experience in the restaurant business, particularly in developing unique Latin restaurant concepts. Two of the owners work full-time in the business, with one owner responsible for the catering side, which represents 30% of sales.

Size in square feet:
3,200 SF

Business Operation

Expansion Potential:

This is a great opportunity to take a successful restaurant and build on the current model! Growth will come from a more robust online presence, marketing for takeout/lunch traffic, and adding delivery options. Another opportunity would be to open a second location using the processes already developed while continuing to emphasize the highly-profitable catering side of the business.

Competition / Market:

There are other fast-casual restaurants in the region, but most of them are national chains that do not have the uniqueness of this restaurant. There is one other direct competitor nearby, but they are not as strong on the catering side.

Reasons for selling:

Pursuing new venture.

Trading hours:

Monday - Saturday 11:00 a.m. - 9:00 p.m.

Employees:
6
Years established:
5

Other Information

Support & training:

Seller will provide up to two weeks training.

Furniture / Fixtures value:
$100,250 (USD) - included in the asking price
Inventory / Stock value:
$4,500 (USD) - included in the asking price

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Transworld Business Advisors of Utah County. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here