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Well Established Steakhouse Restaurant
Location: United States -> South Dakota
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Located in the best spot in South Dakota lays this very prosperous steakhouse. This business started out selling quality steaks at a huge festival. Outgrowing several spots over the last 22 years, they finally settled into a nicely remodeled restaurant in a very busy part of the community, that can accommodate 200 guests at once.

Sales increase every year and with some dishes being featured on the Travel Channel this very profitable restaurant is not expected to slow down anytime soon. The current owners are ready to retire and KNOW the business would continue to grow and be successful for a new motivated owner. Don't miss out on this truly once in a life time opportunity! Assets are to include $75,000 in fixtures, furniture and equipment. Building and property are valued at $900,000. Ask for portfolio #498.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $619,424
Cash Flow:   $106,803
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1994
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700268578
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > South Dakota Businesses For Sale > South Dakota Franchises For Sale > South Dakota Business Brokers



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