Tooele County, UT counted 82 establishments under Restaurants and Other Eating Places (NAICS 7225) in 2023 (County Business Patterns).
A Tooele, UT restaurant borrows for kitchen equipment and for short gaps. Ranges, fryers, prep tables and ice machines fit equipment financing; food orders and slow-week payroll fit working capital or a line of credit. A funding partner can weigh the statements and quotes, then decide on any terms.
At a glance
- Restaurants and Other Eating Places (NAICS 7225), Tooele County, UT
82 employer establishments (CBP 2023)
- Full-service and limited-service restaurants, Tooele County, UT
29 and 41 establishments (CBP 2023)
- Paid employees in NAICS 7225, Tooele County, UT
1,660 (CBP 2023)
- Eating places without paid employees, Tooele County, UT
20 (Nonemployer Statistics 2024)
Loans for Restaurants: Ranges, Ice Machines and Food Orders at a Tooele, UT Restaurant
The kitchen line is where a restaurant's equipment money goes: a six-burner range with an oven, a pair of fryers, a flat-top, a reach-in, an ice machine at the drink station. Each has a model number and a dealer price, and together they make a clean equipment financing request. Food orders are the opposite kind of cost. Rather than a multi-year equipment term, they fit working capital or a line of credit, since they turn over within days.
Among the 82 restaurants and other eating places in Tooele County, UT, County Business Patterns lists 29 establishments under Full-Service Restaurants (NAICS 722511), 41 under Limited-Service Restaurants (NAICS 722513) and 12 under Snack and Nonalcoholic Beverage Bars (NAICS 722515) for 2023.
Restaurant Funding: Kitchen Appliances and Food Orders
A hood system can be the expensive surprise when a kitchen adds a range or a fryer. The hood, the exhaust fan, the fire-suppression unit and the installer's labor often come on one contractor quote. Those are building systems and property work outside this site; the range or fryer itself can go into an equipment request.
Food orders behave differently. A broadline distributor or a local supplier bills weekly or on short terms, and a catering job or a menu change can push one week's invoice well past the usual. Short-term costs call for short-term money.
Kitchens here run with staff: of the 82 restaurants and other eating places, 13, or 15.9%, had fewer than five employees in 2023, and the code reported 1,660 paid employees and $30.1 million in annual payroll (CBP).
Line of Credit for Restaurant Owners in Tooele, UT: Weekly Food Orders
A line of credit suits the food side because the need repeats. The restaurant draws to pay the distributor, pays the draw down as the week's sales come in, and draws again when the next large invoice lands. On a revolving line, interest is charged on the drawn balance, and a partner can review the line at renewal against the restaurant's deposits.
Illustration only, invented figures: a kitchen draws $6,500 at an annual rate of 12% to cover a distributor invoice and pays it back 21 days later. At simple interest on a 365-day year, that draw costs $44.88.
How to Get a Restaurant Loan? Start With Slow-Week Payroll
Start with the number that causes the problem. For a slow-week payroll gap, that is the payroll itself and how far the week's sales fell short of it. The steps from there:
- Write down the amount and what it pays for: a payroll gap, a fryer, a food order.
- Pull recent business bank statements and card-processing statements.
- Have the dealer quote at hand if equipment is part of it.
- Call (435) 269-2526 to go through the purpose, or send the request form with an amount range.
- A funding partner looks the request over and sets any terms.
A partner can also ask for the payroll register and a short note on how the gap closes, such as a catering deposit due the following week.
Restaurant Business Loan: Fryers and Slow-Week Payroll
Fryers wear out in ways a kitchen can see coming: thermostats drift, pots crack, recovery time stretches. Replacing a pair before the failure is an equipment request on the dealer quote. Illustration only, invented figures: $21,400 for two fryers, a range and a reach-in, financed over 48 months at an annual rate of 11.25%, carries a payment of $555.70; the 48 payments total $26,673.60.
Slow-week payroll is a separate question. Staffing in this code averages about 20.2 paid employees per establishment by our arithmetic (1,660 employees across 82 establishments, CBP 2023), so one thin week can leave a sizable payroll uncovered. Working capital or a draw on the line can carry it, sized to the payroll rather than to the shortfall alone.
Business Loan for a New Restaurant Location: Ranges and Dining Room Furnishings
This heading covers an operator opening a second location: a running restaurant with its own bank history, adding a kitchen and a dining room somewhere else. The kitchen package (ranges, fryers, walk-in refrigeration, a dish machine) is equipment. The dining room furnishings (booths, tables and chairs, a host stand, the POS) can be a term loan; the dining room build-out itself, with its wiring and finishes, is property work outside this site.
Buying the building, or structural work on it, is property work outside this site. A brand-new concept with no sales history leaves a partner little to review, which is why this page assumes a restaurant that is already open.
Inside ZIP 84074, ZIP Code Business Patterns counted 22 establishments under Full-Service Restaurants (NAICS 722511) and 36 under Limited-Service Restaurants (NAICS 722513) in 2023. Separately, Nonemployer Statistics counted 20 Restaurants and Other Eating Places establishments with no paid employees in Tooele County, UT for 2024.
For coffee bars and lodging operators, short notes sit on the industries page; county and ZIP totals live on the Tooele, UT page.
By Laurelmont Commercial Capital ยท Updated
