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- RE: Wine Cellar Restaurant For Sale
- Contact: Rey Gonzales
Quick Facts
| Asking Price: | $259,000 | |
| Annual Revenue: | $275,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $79,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $80,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2001 | |
| Employees: | 8 | |
| BBN Listing #: | 1004965 | |
| Broker Reference #: | 5401-19263 |
Business Overview:
Contact the Seller:
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Property Features and Assets:
Since they opened the doors, this business has been located in the same location for almost 25 years. The downtown location is next to a landmark hotel, and offers plenty of parking, good visibility, and ample foot traffic.
Assets = $90,000
Market Competition and Expansion:
The restaurant sets itself apart by offering fine dining, live music and one of the best wine list in the city. For over two decades, this business has built a large and loyal customer base.
A new owner can look to grow the business through an expanded menu, being open additional days/hours, or more advertising/marketing efforts to take advantage of the steady growing population.
Reason for Selling:
Seller looking to retire. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- 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
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