Historic Steakhouse Restaurant for Sale in Vernal, UT

Matt Curry Steakhouse

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Financial Details

Asking Price:
$450,000
Annual Revenue:
$500,000
Cash Flow / SDE:
$100,000
Profit Metric:
SDE
Valuation Multiple:
4.5x
Location:
Vernal, UT, US
Source:
Date:
September 15, 2025

Key Highlights

Historic property with significant character and updated systems, ready for a new owner.
Turnkey operation including all furniture, fixtures, equipment, and inventory, with huge potential for growth.
Prime location in Vernal, UT, sought after for special occasions, with beautiful landscaping and outdoor seating.

Description

This is a unique opportunity to acquire Matt Curry Steakhouse, a historic property located in Vernal, UT. The business boasts significant character and ambience, with a completely restored interior and updated electrical, heating, and kitchen mechanical systems. It is being sold as an asset sale and includes all restaurant furniture, fixtures, and equipment (FF&E), as well as inventory, making it a truly turnkey operation. The property is ideal for weddings, special occasions, and events, with inquiries already received for such uses. The lush landscaping, mature foliage, fruit trees, and outdoor seating area enhance the dining experience. The building is described as one of the best-shaped historic buildings by the historic preservation society. With a gross revenue range of $500,000-$1,000,000 and SDE of $100,000, this business presents huge potential for a restaurant or even a bed and breakfast. The owner is retiring after establishing the business in 1990. The sale includes the owned real estate.

Industry Information

Industry Description:
Steakhouse, Sit-Down Table Service
Classification:
Restaurants & Food

Operational Snapshot

Year Established:
1990
Reason for Selling:
Retired

Real Estate & Lease

Status:
Owned

Assets & Inventory

Includes FF&E:
Yes
Includes Inventory:
Yes

Listing Details

Listing ID:
71b6aba5-26e9-416f-8e8c-ade123501276
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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