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Business For Sale
INCOME PROPERTY W/RESTAURANT AND RENTALS.
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Asking Price: |
$595,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other business interests. |
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Year Established:
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1975 |
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# of Employees:
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15 |
Business for Sale Overview:
This established local 100+ seat diner has a great reputation and loyal clientèle. But that's not all! Nest to the Diner is a Lounge area and next to that are 2 rental offices and a shop area. The building is 8,400 sq. ft. and it sits on 9/10's of an acre in Whitewood, SD, just off I-90 Exit 23. It's important to know that this location is just 7 miles west of Sturgis, SD the home of the annual Classis Motorcycle Rally that brings in over 1/2 million people every August. This location is perfect for a Rally related business.
Property Features and Assets:
On the northern edge of the beautiful Black Hills, the quiet town of Whitewood is about to be discovered. There is lots of new construction in the area including a new campground with concert venue. This is a perfect place for a rally related business. The lounge area would be great for a kid's arcade, beer & wine bar, pool room or pizza parlor or one of many other money making opportunities. Call today for all the details.
Market Competition and Expansion:
Whitewood is a bedroom community to Spearfish and Sturgis, 8 miles west and 7 miles east respectively. There are at least 5 new developments going up in a 5 miles radius of this town. There are no other restaurants in town! Great restaurant AND rally potential. A must see property! **Please note: restaurant business, equipment & fixtures can be purchased separately for only $75K.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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