Profitable Restaurant and Catering Business in NE South Dakota. 56855
large-restaurant-silverware-jpg
Profitable Restaurant and Catering Business in NE South Dakota. 56855
South Dakota
$ 400,000

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: 56855

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Property Types

Listing Details

Profitable Restaurant and Catering Business in NE South Dakota. 56855
Price:
$ 400,000

Location:

South Dakota
Down Payment:
$ 40000
Down Payment: $ 40000
Year Established:
1964
Gross Revenue:
$ 916170
Cash Flow:
$ 166247
Home Based:
Franchise:
Relocatable:
SBA Prequalified:
Lender Prequalified:
Part-Time Employees:
30
Full-Time Employees:
2
Inventory Included:
Real Estate Available:
Real Estate Included:
Real Estate Value:
$ 200000
FF&E Included?:

Disclaimer: The numbers are current estimates and are subject to change.

Business Description

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: 56855

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