907 Mulkey St Salmon, ID 83467
For Sale
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The Savage Grill, located at 907 Mulkey Street in Salmon, Idaho, presents a unique opportunity to acquire a well-established and profitable restaurant. Boasting a stellar reputation built over 40 years, this turnkey operation has been under current ownership since 2011. Known for its high-quality food and welcoming atmosphere, The Savage Grill enjoys strong local support, further bolstered by consistent patronage from tourists and outdoor recreation enthusiasts. The restaurant's simple yet successful business model is easily adaptable to new ownership, offering the potential for expansion and growth. The sale includes all existing equipment, which is in excellent condition and includes seating for approximately 50 diners, three deep fryers, a grill installed in 2018, an ice cream machine, a three-bay wash sink, a mop sink, new refrigerators and freezers, new flooring, and fresh interior and exterior paint. Situated on a 0.04-acre lot, this restaurant is a truly turnkey opportunity for an owner-operator seeking to enter or expand within the restaurant industry. The asking price for this exceptional business is $450,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.