Established Restaurant and Bar in SE South Dakota!
Asking Price:$169,000
Gross Revenue:$127,857
FF&E:$78,853
Inventory:$10,000*
Real Estate:$90,000
Established:1995
Business Description
This restaurant has been a staple for the community for many years, and will be for many more to come. The restaurant was established 25 years ago and purchased in 2012 by the current owners. The employees have been working for the company since before it was purchased.
Detailed Information
- Inventory:
- Not included in asking price
- Real Estate:
- Owned
- Included in asking price
- Building SF:
- 4,320
- Employees:
- 4
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- The restaurant is on a 3 acre lot which includes parking. It can seat 125 people at the same time. All of the equipment necessary from walk in coolers, grill, salad bars, fridges, freezers, etc are included in the sale.
- Competition:
- There is not a lot of local competition.
- Growth & Expansion:
- Presently the restaurant is solely serving dinner due to the owners availability. There is a huge opportunity to increase sales with minimal overhead increase by serving lunch and potentially breakfast!
- Support & Training:
- Seller is willing to train for 3 months.
- Reason for Selling:
- Moving on to new endeavors.
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