Black Hills Restaurant & General Store

Not Disclosed, SD


Asking Price: Annual Revenue:
$975,000 $1,373,797

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Black Hills Restaurant & General Store Broker: Josh Grode Wolters
Owner Financing is Available!
$855K down/$120K over 72 mos. @ 5%.

Quick Facts

Asking Price: $975,000
Annual Revenue: $1,373,797
Net Profit: Not Disclosed
Cash Flow: $253,156
Total Debt: Not Disclosed
FF&E: $164,475
Real Estate: $1,000,000
Year Established: 2006
Employees: 36
BBN Listing #: 14714955
Broker Reference #: 5401-16276

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Business Overview:

Own a piece of history! This business is roughly 70% restaurant and 30% Convenience-store/gift shop with a little gas and lodging thrown in the mix. It has been around for many years and is a favorite, well-known Black Hills attraction among tourists and local alike. The scratch kitchen is renowned for their recipes and down-home style. There is little staff turnover, and the long-term manager would like to stay for a new owner. A large portion of yearly sales occur in the summer months as with any Black Hills tourist business.

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Property Features and Assets:

The original building has been added on to several times over the years. The restaurant includes ample seating that is bolstered by a large outdoor space that is open in the warmer months. The beautiful property is in a prime location and has room for the business to expand if a new owner wants. Adequate parking makes it easy for the 1.5 million tourists that drive by annually to stop. Assets = $1,338,876.

Market Competition and Expansion:

There is very little competition nearby. The business is extremely busy during tourist season that lasts from mid-Spring through late-Fall. It remains open year-round with limited hours in the winter. This is an extremely busy part of the Black Hills, but, due to Real Estate covenants, the number of commercial properties such as this are very limited in the area. This is a profitable, turn-key operation with room to grow. Renovations could provide for expanded seating indoors and outdoors for the restaurant, and catering could always grow by adding more equipment and staff. The online presence could be enhanced to drive more customers. Snowmobile, ATV/UTV, and horseback riding are all in nearby but have not been capitalized on.

Reason for Selling:

Owner is moving. Long-time, hands-on general manag

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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