Profitable Restaurant and Catering Business in NE South Dakota
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 unmatched opportunity.
Interested buyers should have approximately $40,000 in available capital for the down payment.
Sunbelt Listing ID: 56855
- Listing ID:
- 56855
- Industry:
- Restaurant & Bar
- Location:
- South Dakota
- Revenue:
- $916,170
- Business Price:
- $400,000
- Down Payment:
- $40,000
- SDE (Cash Flow):
- $166,247
- Real Estate:
- For Sale
- Real Estate Value:
- $200,000
- Included in Asking Price:
- No
- Real Estate Size:
- 10,504 sq. ft.
- Listing Agent:
- Ben Smith & Jill TenHaken
- FF & E:
- $128,000
- Inventory included in asking price:
- Yes
- Inventory Value:
- $20,000
- Years in Business:
- 20+ years
- Is this a franchise:
- No
- Employees (Full-Time):
- 2
- Employees (Part-Time):
- 30
- Reason for selling:
- Retirement
- SBA Financing Available:
- Yes
- Relocatable:
- No
- Home-Based:
- No
- Absentee Owner:
- No