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Price Reduced - Event Center, Restaurant, Lounge For Sale

Not Disclosed, South Dakota, US
Asking Price:
$1,600,000 Furniture / Fixtures included
Sales Revenue:
$1,831,706
Cash Flow:
$293,939

PRICE REDUCED :

Great food and fun restaurant, café, 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 Information

Real Estate:

Real Property Included

Premises Details:

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+.

Business Operation

Competition / Market:

Normal level of competition in the area for each area of the business, but no other establishment has all offerings under one roof.

Reasons for selling:

Pursue other opportunities.

Trading hours:

Monday-Sunday 5:30am-12am

Employees:
20 FT/18 PT
Years established:
65

Other Information

Support & training:

Will train for 2 weeks @ $0 cost.

Furniture / Fixtures value:
$500,000 - included in the asking price
Inventory / Stock value:
$21,170