Price Reduced! Sioux Falls Area Family Restaurant

Not Disclosed, SD

Asking Price: Annual Revenue:
$225,000 $877,582

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Price Reduced! Sioux Falls Area Family Restaurant Broker: Bryan Mulder

Quick Facts

Asking Price: $225,000
Annual Revenue: $877,582
Net Profit: Not Disclosed
Cash Flow: $117,524
Total Debt: Not Disclosed
FF&E: $193,943
Real Estate: Not Disclosed
Year Established: 2003
Employees: 21
BBN Listing #: 60384955
Broker Reference #: 5401-12706

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Business Overview:

Sales were negatively impacted during a good portion of 2018 due to road construction. Road construction is no longer an issue and sales have positively reflected this. The project is complete and the business has come back. This legendary Sioux Falls area based restaurant has been in operation 10+ years. Restaurant currently offers breakfast, lunch and dinner menu items. The business prides itself on offering high quality food with exceptional service. The owner(s) insist on providing innovative food items combined with a fun, lively and inviting atmosphere.

Whether you want to relax in the beautiful dining room that surrounds you with local artwork, enjoy the weather on the new seasonal patio, take off with take-out, cater an event or work during a business breakfast, lunch or dinner this restaurant has something for everyone.

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Property Features and Assets:

The business owner currently leases the real estate. Parking capacity has been adequate for the demands of the business. The facility is in great shape and offers a very pleasing dining experience. The restaurant's foot print is just under 4,000 square feet. All FF&E will be included in a sale. Assets= $193,943

Market Competition and Expansion:

The current competition is strong. However in this market, restaurant operators tend to do great business as long as quality, service and cleanliness are maintained at or above customer expectations. This industry continues to grow along with the area population. Over all, the restaurant industry is strong in this market. As the population, in this market, continues to grow and the new owner(s) are community based operators - this restaurant's potential for growth remains strong. Operators creating strong "top of mind" awareness tend to be very successful.

Reason for Selling:

Owners would like to spend more time with family.

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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