Successful Utah Based Restaurant Bar For Sale

Business description

List Price $259,000.
2010 Annual Sales $550,549.88
2010 Adjusted Net Income $97,924.42
2011 YTD Annual Sales $438,152.25
2011 YTD Adjusted Net Income $123,730.61
2010 - 2011 Revenue Growth 23.7%
Employees 15
Tables Turned Nightly 5 - 6
Capacity 130
Peak Months March - November

The Slickrock Cafe is a Moab, Utah based restaurant and has become a social fixture with its nightly live music and high energy atmosphere. During peak tourist months of March to November, this is one of the busiest eateries in the area, with no neighboring competition. Revenues for 2011 are already 23 percent greater than 2010.

The restaurant currently has more than 25 tables and turns each one five to six times per night. The high traffic is drawn to the quality food and fun atmosphere that have become trademarks of the business. The full liquor license allows for a full bar and extended operating hours, drawing additional revenue.

Growth and revenue increasing opportunities for new owners include operating during off peak months; offering a breakfast menu; catering services; and utilizing local events (such as the annual marathon) as business draws.

Located just minutes from the world famous Arches National Park, which draws thousands of visitors each year.

Property information

Location:

Newly remodeled, located minutes from world famous Arches National park. Has mezanine dining area and stage for live music.

Other information

Expansion potential:

Growth to be had by offering breakfast menu, catering services and being open during off peak months.

Competition / Market:

Very little competition in area and nothing of this caliber. Tables turned five to six times nightly.

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