NOT DISCLOSED, South Dakota
| Asking Price |
$300,000 |
Year Established |
1964 |
|
| Annual Revenue |
$916,170 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Jill TenHaken |
|
| Annual Cash Flow |
$166,247 |
Listing Number |
1003939 |
|
| # of Employees |
2 |
Business Category |
Miscellaneous: Non-classifiable |
|
Business Overview:
For over 60 years, this beloved family restaurant and catering business has been a cornerstone of Northeastern South Dakota. Dine-in services operate daily, along with take-out and catering orders.
The restaurant provides an atmosphere of home cooked meals. Its take-out and catering capabilities combine tradition and convenience by servicing area weddings, graduations, birthdays, picnics, funerals and reunions.
Key Features:
• Includes Real Estate: Utilize cash flow of the business to fund the real estate investment.
• Convenient Location: Located on major highways and limited competition provides consistent cash flow for a new owner.
• Existing Employees: Trained staff for daily operations. Owner willing to help in training and transition.
• Trusted Legacy: A proven history of success with deep community ties.
• Growth Opportunities: Take-out and catering orders have the potential to increase with marketing programs and online ordering capabilities. Also, additional food services would bolt on for cross-selling.
Whether you're an existing food-related business looking for expand, or an entrepreneur looking for a new pace of life, this business is an un-matched opportunity.
Interested buyers should have approximately $30,000 in available capital for the down payment.
Sunbelt Listing ID: 56855
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity