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- RE: SE South Dakota Bar, Grill And Casino
- Contact: Bryan Mulder
Quick Facts
| Asking Price: | $3,900,000 | |
| Annual Revenue: | $2,176,345 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $678,838 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $76,680 | |
| Real Estate: | $2,000,000 | |
| Year Established: | 2000 | |
| Employees: | 25 | |
| BBN Listing #: | 1020344 | |
| Broker Reference #: | 5401-19720 |
Business Overview:
This is a long-established, full-service sports bar and grill that has operated continuously under the same family’s ownership for more than two decades. The business has built a loyal, neighborhood-driven customer base and strong local brand recognition as a go-to destination for watching sports, family and business gatherings, etc. This establishment has signature menu items, regional bar-food specialties, and recurring weekday specials. The concept has also hosted guest-chef pop-up collaborations, reinforcing its standing as a community gathering spot beyond a typical tavern.
Revenue is diversified across three complementary streams: food sales, beverage sales (liquor, wine, and beer), and state-licensed video lottery gaming. The beverage sales out weigh the food sales generating higher gross margins than most establishments. On a trailing 12 month basis, the business has produced annual revenue in the $2 million + range with strong seller’s discretionary earnings.
The opportunity is being brought to market as a real-estate-inclusive going concern, encompassing the business’s FF&E, goodwill, liquor and video lottery licensing, and the freestanding building it occupies in an established, high-visibility commercial corridor within a growing Midwest metro market. The combination of durable cash flow, a diversified revenue mix, and owned real estate positions this well for either an owner-operator or a multi-unit hospitality group, and supports availability for acquisition financing.
Contact the Seller:
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Property Features and Assets:
The facility is sufficient for current and future demand.
Assets = $2,076,680
Market Competition and Expansion:
Competition in the market can be considered mature. With that said, this opportunity is well established and has a great following.
The potential for growth is certainly attainable. Current advertising expense is 3% of revenues.
Reason for Selling:
Seller is nearing retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Dakota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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