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Property summary
This exceptional opportunity presents the chance to acquire the Prairie Schooner Steak House & Saloon, a thriving, established restaurant in Ogden, Utah. Boasting 10,570 square feet across three stories in a Class B building, this turnkey operation includes the real estate, business trade name, and all furniture, fixtures, and equipment (FF&E). Built in 1978 and extensively renovated in 2019, the property sits on a 1.09-acre lot and features two fully operational commercial kitchens, a newly remodeled bar area with outdoor patio seating, and an updated Aloha POS system and new Comcast phone system. The unique Western theme, including dining areas designed around a prairie campsite and covered wagons, caters to banquets of over 120 people. The restaurant has consistently demonstrated strong financial performance, exceeding $2 million in sales in 2022, following years of substantial revenue (over $1.27 million in 2018, over $1.34 million in 2019, nearly $2 million in 2021). The sale includes an experienced management team and staff, ensuring a smooth transition for the new owner. The property is zoned commercial and has a current occupancy of 100%. This is a rare opportunity to acquire a profitable, well-established restaurant with significant growth potential in a desirable location. The asking price is $2,000,000. The APN is 02.049.0015 & 02.050.0002.
Property profile
VerifiedCap rate & NOI
Current use
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Kennel & Boarding Facility Animal Training
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
03A · Ogden, UTZoning
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