SE SD Full Bar & Grill for Sale

Not Disclosed, SD

Southeastern SD

Asking Price: Annual Revenue:
$465,000 $824,030

Food & Beverage: Bars, Clubs, Nightspots

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RE: SE SD Full Bar & Grill for Sale Broker: Bryan Mulder

Quick Facts

Asking Price: $465,000
Annual Revenue: $824,030
Net Profit: Not Disclosed
Cash Flow: $190,687
Total Debt: Not Disclosed
FF&E: $126,181
Real Estate: Not Disclosed
Year Established: 1997
Employees: 16
BBN Listing #: 57004955
Broker Reference #: 5401-16722

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Business Overview:

This successful business prides itself on being a local icon. This business has a strong connection within the community.

This business has survived Covid easily, all things being considered, and is on pace for a best year ever. Currently the sales mix is approximately 75% food sales and 25% alcoholic drink sales. New business generated in 2021 as "contract sales" have been a tremendous boost to monthly food sales and is fully expected to continue indefinitely.

The owner works approximately 45 hours per week. In addition to normal operations, this business also caters, and catering equipment comes with the sale. Other activities that could be added would include volleyball and other outdoor activities to generate more traffic. There are six years left on the current lease with renewal option(s).

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Property Features and Assets:

The facilities are adequate for current and future demand. This business has a great location with key "neighbors" providing high traffic and with that comes "free advertising." Assets = $142,181.

Market Competition and Expansion:

There is very little competition in this community. The potential for growth is strong as the community is in a constant growth mode. A new owner could add Sunday hours for being open to the public and implement other traffic producing promotions/activities that currently are not offered.

Reason for Selling:

Seller is looking to pursue other interests

Additional Details:

  • The property is leased.
  • 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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