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- RE: Profitable Restaurant And Catering Business In NE South Dakota. 56855
- Contact: Jill TenHaken
Quick Facts
Asking Price: | $400,000 | |
Annual Revenue: | $916,170 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $166,247 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $200,000 | |
Year Established: | 1964 | |
Employees: | 2 | |
BBN Listing #: | SB-56855 | |
Broker Reference #: | MINNEMN003-56855 |
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 $40,000 in available capital for the down payment. Sunbelt Listing ID: 56855To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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