Historic Steakhouse Restaurant for Sale in Vernal, UT
Matt Curry Steakhouse
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
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