NOT DISCLOSED, South Dakota
| Asking Price |
$499,000 |
Year Established |
1957 |
|
| Annual Revenue |
$253,645 |
Reason for Selling |
Owner is ready to retire. |
|
| Annual P/L |
$58,754 |
Attention |
Scott Kranz |
|
| Annual Cash Flow |
|
Listing Number |
590319 |
|
| # of Employees |
6 |
Business Category |
Food & Beverage: Coffee, Cafe, Dessert |
|
Business Overview:
Full bakery, café, and coffee bar, serving breakfast and lunch intertwined with a retail store that features locally made products. This business is the epitome of small town living at its best, and is strongly supported by the local community as well as visiting tourists. The seller recognizes a very significant opportunity for business expansion to include dinner service paired with possibly a liquor license/service, as well as more weddings and catering events to meet the current strong need in an area that presently offers little to no competition. The Meals on Wheels partnership has been an ongoing contract for about 17 years. The building has been maintained and updated with all new windows and doors, new LED lighting on the business floor, and a new HVAC. The living quarters is on the second floor above the business and features historical details from the original opera house. The property also includes a private lot with a detached double stall garage and separate private entrance into the building. Overall, this is a unique property complemented by a long-standing business with tons of growth potential! For additional information please contact listing agent Scott Kranz at 605-413-1871 or scottk@fcbb.com
Property Features and Assets:
This is a location of 10,560 square feet and real estate is included in the price. Seller is active with 6 Part Time employees. Hours of operation are 6:30am-4:30pm Monday-Friday, 6:30am-11:00am Saturday. $20,000 in inventory and $100,000 in FF&E included in the asking Price. Food license required.
Market Competition and Expansion:
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