Excellent Opportunity to own a Restaurant Business in Cedar City
Cedar City, UT
| Asking Price: | $150,000 |
| Established Year: | 2020 |
| Rent: | $5,500/Month |
Listing ID: 2183534Listing provided by BizBuySell
BUSINESS DESCRIPTION
Stand-Alone Building with lots of Parking in Main Street, Cedar City
Excellent opportunity to own a restaurant business in booming Cedar City. Over 3500 Sqft with indoor and outdoor dining and lots of parking spots. Come check this out. Turn Key Business. Currently an Indian Restaurant.
DETAILED INFORMATION
Location
Cedar City, UT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,500
Lease Expiration
20/11/2030
Employees
7
Facilities
All items are included expect things attached to the property such as window coverings, hood, walk in cooler, ice machine, dishwasher, etc.
Competition
Great Venue for an owner-operator. Additionally revenues available from using it as a banquet hall facility.
Growth & Expansion
Cedar City was No. 8 on their list of Most Dynamic Micropolitans: 2022 and was the second Utah city on the list. https://heartlandforward.org/wp-content/uploads/2022/09/Most-Dynamic-Micros_7.pdf
The city is booming and feeds to neighboring cities such as Parawon, Brian Head, Beaver etc.
Financing
Seller will finance with 50% down for qualified buyer at 6% PA for 36 Months
Support & Training
4 weeks.
Reason for Selling
Change of focus.
Report an Issue with this listing
