RAPID CITY, South Dakota
| Asking Price |
$259,000 |
Year Established |
2001 |
|
| Annual Revenue |
$275,000 |
Reason for Selling |
Seller looking to retire. |
|
| Annual P/L |
$0 |
Attention |
Rey Gonzales |
|
| Annual Cash Flow |
$79,000 |
Listing Number |
1004965 |
|
| # of Employees |
8 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
For over two decades, the Wine Cellar has been a staple of Downtown Rapid City. The fine dining restaurant serves chef inspired dishes, highlighted by an extensive and curated wine list. The Wine Cellar always delivers a memorable experience with live music in a cozy and welcoming setting.
Property Features and Assets:
<p>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. <br></p><p>Assets = $90,000</p>
Market Competition and Expansion:
<p>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.<br></p><p>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.<br></p>
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