Broken Spur Inn & Steakhouse - Hospitality Property near Capital Reef National Park

Broken Spur Inn & Steakhouse

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Financial Details

Asking Price:
$9,800,000
Cash Flow / SDE:
$784,000
Profit Metric:
NOI
Valuation Multiple:
12.5x
Location:
Torrey, UT, US
Source:
Date:
September 16, 2025

Key Highlights

Prime location at the entrance to Capital Reef National Park, a growing tourist destination with over 1.4 million visitors annually.
Fully renovated in 2024 with no deferred maintenance, including approved expansion land for 16 additional units.
Established 60-room full-service hospitality property with professional management in place, offering excellent upside potential.

Description

This listing presents the Broken Spur Inn & Steakhouse, a 60-room full-service hospitality property situated at the gateway to Capital Reef National Park in Torrey, Utah. The property was fully renovated in 2024, ensuring no deferred maintenance, with asphalt resurfacing scheduled for June. It boasts excellent upside potential, including approved expansion lands for 16 additional high-revenue covered wagons or detached mini-homes. The inn and its highly-reviewed steakhouse cater to the growing tourism market, with Capital Reef National Park attracting over 1.4 million visitors in 2024. Professional management is in place, making it an attractive investment opportunity for buyers seeking a well-maintained hospitality asset in a prime tourist location.

Industry Information

Industry Description:
Hospitality
Classification:
Travel

Operational Snapshot

Year Established:
1990

Real Estate & Lease

Status:
Included

Broker Contact

Company:
NAI Excel
Phone:
435-359-4773

Listing Details

Listing ID:
b76b319c-8294-4ccf-96b4-61f3ca4708eb
Source Listing ID:
2365000
Deal Status:
For Sale
Last Updated:
September 16, 2025
Currency:
USD

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified
Tags & Categories
Hospitality Hotel Restaurant Tourism Real Estate