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.
Listing ID: 56855
Industry: Restaurant & Bar
Sunbelt Office: South Dakota
Listing Agent: Ben Smith & Jill TenHaken
Business Price: $400,000
Real Estate for Sale: Yes
Real Estate Price: $200,000
Down Payment: $40,000
Revenue: $916,170
Cash Flow: $166,247
Years in Business: 20+ years
Employees (Full-Time): 2
Employees (Part-Time): 30
Reason for selling: Retirement
SBA Financing Available: Yes