NOT DISCLOSED, South Dakota
| Asking Price |
$500,000 |
Year Established |
1958 |
|
| Annual Revenue |
$1,597,661 |
Reason for Selling |
Pursue other opportunities. |
|
| Annual P/L |
$0 |
Attention |
Pat Steffl |
|
| Annual Cash Flow |
$20,542 |
Listing Number |
635326 |
|
| # of Employees |
38 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
PRICE REDUCED - Great food and fun. Restaurant, cafe, bar and lounge, bowling, video lottery and event center. Multiple revenue sources to even out the income stream outside of league season. Seller will consider some Seller Financing in the right situation with a qualified buyer.
Property Features and Assets:
<p>Roughly 40,000 sq. ft. of enclosed space, including storage. 20,000 plus sq. ft. is the bowling alley the other space is comprised of the lounge, cafe, restaurant, and event center area. Well maintained, older original structure with more recent additions and renovations. Licensed for 10 video lottery and total max capacity of the business is 300+. Real Estate is available for lease with proposed initial 5 year term at $7,000 per month, triple-net (NNN). Owner would discuss a sale if preferred.</p><p>Assets = $400,000</p>
Market Competition and Expansion:
<p>Normal level of competition in the area for each area of the business, but no other establishment has all offerings under one roof.</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