Salt Lake County, UT
$225,000

Salt Lake County, UT
$225,000

Salt Lake County, UT
$249,000

Salt Lake City, UT
$38,995

Veyo, UT
$127,000
Salt Lake County, UT
$640,000
Virgin, UT
$4,000,000
Park City, UT
$85,000
Kane County, UT
$385,000
Utah
$290,000
Duchesne, UT
$375,000
Available in Utah
$200,000
Ogden, UT
$299,700
Salt Lake City, UT
$6,500,000
$125,000
Holladay, UT
Washington County, UT
$3,200,000
Multi, UT
$1,499,000
Mike and Lynn Lee
First Choice Business Brokers
Serving Salt Lake County, UT
Established in 1994, First Choice Business Brokers (FCBB) has evolved into one of the premier Business Brokerage Organizations in the United States, successfully facilitating over $12 billion in sales of small to medium-sized businesses. Mike and Lynn Lee own and manage the FCBB offices in Utah, Idaho, and Montana with a great team of business broker agents strategically placed in Salt Lake City, St. George, Boise, Pocatello, and Missoula to make sure our clients have local people to deliver great results. We specialize in bridging the aspirations of both buyers and sellers of businesses. Our offerings include business valuations, strategic market analysis, exit planning, and discreet management of the business sale process from inception to closure. Our role extends beyond transactions; we pride ourselves on being matchmakers who ensure a harmonious fit between buyers and sellers, crafting strategies that culminate in success for all parties involved. Whether you're contemplating selling your business or are in search of an enterprise that aligns with your goals, let FCBB guide your journey. Reach out to us at 435-800-4400 or via email at teamlee@fcbb.com to explore how we can assist in achieving your objectives.
Cottonwood Heights, UT
$200,000
Cedar City, UT
$80,000
Saint George, UT
$2,790,000
Torrey, UT
$9,800,000
$5,000
Available Nationwide
$225,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 29 |
| Median Asking Price | $325,000 |
| Median Reported Revenue | $543,059 |
| Median Reported Seller's Discretionary Earnings | $103,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $150,000 | $325,000 | $510,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Restaurants and Food Businesses for sale in Utah.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $407,000 | $61,000 |
| Median | $543,059 | $103,000 |
| Upper Quartile | $1,354,000 | $171,203 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller’s discretionary earnings of Restaurants and Food Businesses listed for sale in Utah.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.33 | 1.91 |
| Median | 0.42 | 2.54 |
| Upper Quartile | 0.63 | 3.35 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy a Restaurant and Food Business in Utah?
The median asking price for an established Restaurant and Food Business in Utah is $325,000, though prices range from under $150,000 to well over $510,000.
How much do Restaurants and Food Businesses owners in Utah earn?
The median reported revenue of Restaurants and Food Businesses in Utah is $543,059 and owners earn a median of $103,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Restaurant and Food Business?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Restaurants and Food Businesses in Utah, revenue multiples range from 0.33 to 0.63, with a median of 0.42. Earning multiples range from 1.91 to 3.35, with the median at 2.54. This means the typical Restaurant and Food Business in Utah may ask for around 0.42 times its annual revenue, and 2.54 times its annual owner earnings.
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