Description
This property comes as a turn-key business with all equipment and inventory sold separately, allowing for a seamless transition and immediate operation. Demographically, the area surrounding Carriage Square demonstrates a vibrant and diverse consumer base. Within a 1-mile radius, there are 3,529 households with a median household income of $79,980 and a median age of 34.9 years. Larger trade areas (3 and 5 miles) show even greater household counts and similar income and age profiles. Dominant lifestyle segments indicate a mix of established families and younger, urban professionals, many with significant spending potential. Market data reveals a strong demand for food services and drinking places in the vicinity. Total annual spending potential for this sector is $13,645,117 within a 1-mile radius, expanding to $50,964,032 within 3 miles and $228,996,121 within 5 miles. The Spending Potential Index is consistently high (85-91), suggesting that residents spend near or above the national average in this category. This opportunity is ideal for a restaurateur seeking a well-located commercial space within a supportive business community, poised to capitalize on a substantial local consumer market with a demonstrated appetite for dining options. Data available upon request.
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School Ratings & Info
Description
This property comes as a turn-key business with all equipment and inventory sold separately, allowing for a seamless transition and immediate operation. Demographically, the area surrounding Carriage Square demonstrates a vibrant and diverse consumer base. Within a 1-mile radius, there are 3,529 households with a median household income of $79,980 and a median age of 34.9 years. Larger trade areas (3 and 5 miles) show even greater household counts and similar income and age profiles. Dominant lifestyle segments indicate a mix of established families and younger, urban professionals, many with significant spending potential. Market data reveals a strong demand for food services and drinking places in the vicinity. Total annual spending potential for this sector is $13,645,117 within a 1-mile radius, expanding to $50,964,032 within 3 miles and $228,996,121 within 5 miles. The Spending Potential Index is consistently high (85-91), suggesting that residents spend near or above the national average in this category. This opportunity is ideal for a restaurateur seeking a well-located commercial space within a supportive business community, poised to capitalize on a substantial local consumer market with a demonstrated appetite for dining options. Data available upon request.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2026-01-21T20:39:31.593. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.