Long-Term Restaurant & Lease in a High-Traffic Historic District!
Business Description
This award-winning Italian restaurant has been a cornerstone of Northern Utah’s dining scene for over three decades, known for its authentic recipes, family-friendly atmosphere, and consistent recognition in regional “Best Of” rankings. The restaurant is fully built out with a commercial kitchen, restaurant, infrastructure, and updated systems, allowing for seamless continuation of the current concept or an easy transition to a new vision. With approximately seven years remaining on a favorable, high demand, and below-market lease. This opportunity combines proven brand equity with the flexibility to adapt. Situated in a historic, high-traffic district experiencing steady growth and redevelopment, it offers an unparalleled foundation for success.
Key Advantages
-Award-Winning Legacy: Over 3 decades as a trusted name in Northern Utah dining.
-Turnkey Operation: Fully equipped commercial kitchen and updated systems ready for immediate use.
-Favorable Lease: ~7 years remaining with below-market terms and modest increases.
-Beer & Wine Service Approved: Alcohol licensing already in place for streamlined operations.
-Prime Historic District: High visibility with consistent foot traffic and steady tourism.
-Growth on the Horizon: Surrounded by 400+ new residential units, cultural attractions, and ongoing redevelopment.
-Concept Flexibility: Continue the acclaimed Italian brand or introduce your own restaurant vision.
Key Advantages
-Award-Winning Legacy: Over 3 decades as a trusted name in Northern Utah dining.
-Turnkey Operation: Fully equipped commercial kitchen and updated systems ready for immediate use.
-Favorable Lease: ~7 years remaining with below-market terms and modest increases.
-Beer & Wine Service Approved: Alcohol licensing already in place for streamlined operations.
-Prime Historic District: High visibility with consistent foot traffic and steady tourism.
-Growth on the Horizon: Surrounded by 400+ new residential units, cultural attractions, and ongoing redevelopment.
-Concept Flexibility: Continue the acclaimed Italian brand or introduce your own restaurant vision.
About the Business
- Years in Operation
- 37
- Currently Relocatable
- Yes
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,400
- Rent
- Not Disclosed
- Lease Expiration
- 7/4/2032
About the Sale
- Seller Motivation
- Health
- Transition Support
- 1 Week
- Financing Options
- Owner Financing Amount $70.000,00 Owner Financing Interest 7.5% Owner Financing Terms
Listing Info
- ID
- 2404347
- Listing Views
- 191
Listing ID: 2404347 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.