RAPID CITY, South Dakota
| Asking Price |
$700,000 |
Year Established |
2020 |
|
| Annual Revenue |
$1,035,525 |
Reason for Selling |
to pursue other opportunities |
|
| Annual P/L |
$0 |
Attention |
Eric Peterson |
|
| Annual Cash Flow |
$156,147 |
Listing Number |
1017496 |
|
| # of Employees |
12 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Sabatino's Italian Ristorante is an established, highly-regarded Italian restaurant is located in the heart of downtown Rapid City. Since opening, the restaurant has built a genuine tradition of excellence, scratch-made pasta, and a warm, family-style hospitality culture that has earned it a loyal local following and a standout reputation in a market with limited authentic Italian competition. The business comes complete with its full signature recipe library and kitchen systems, developed and refined over years of fine-dining experience, giving a new owner an immediate, proven menu to operate from day one. With a prime, walkable Main Street location, this is a rare opportunity to acquire an already-loved concept with brand equity, trained staff, and room to grow, without having to build a reputation from scratch.
Property Features and Assets:
Market Competition and Expansion:
<p>Rapid City's Italian dining scene is modest in size, which works in Sabatino's favor. Competitors include a small number of casual pizza and pasta concepts. Outside of downtown, most "Italian" options skew casual or chain-style, with delivery-app data showing national chains dominating much of the broader Italian-food-delivery category. Sabatino's differentiates itself through its authentic, from-scratch menu, locally sourced ingredients paired with imported Italian specialties, and an already-established reputation that would be difficult and costly for a new entrant to replicate. Its downtown Main Street address also places it directly in the path of steady tourist and convention foot traffic near Main Street Square and area hotels, a locational advantage that isn't tied to any single individual.<br></p><p>A new owner inherits a business with real upside still on the table. Opportunities include expanding service hours (currently closed Sundays, evenings-only Monday–Saturday), adding a lunch hours to capture downtown foot traffic, building out third-party delivery presence to capture Italian-delivery demand currently going to chains, growing catering and private-event bookings given the restaurant's "special occasion" positioning, and potentially even a second location. Rapid City's steady tourism traffic (Mount Rushmore, Black Hills) further enhances the opportunities. With recipes, systems, and reputation already established, a new owner can focus energy on growth rather than groundwork<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 a franchise resale opportunity