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PRICE REDUCED - Event Center, Restaurant, Lounge, Bowling

South Dakota

Asking Price: Gross: Cash Flow:
$1,600,000 $1,831,706 $293,939

Furniture and Fixtures Value:
$500,000 (included in the asking price)

Inventory Value:
$21,170 ( not included in the asking price)

Real Estate:
$1,200,000 (included in the asking price)

Business Summary:
PRICE REDUCED - Great food and fun. Restaurant, cafe, 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.

 
   
   
Year Business was Established: 1958
   
Number of Employees: 20 FT/18 PT  
   
Facilities / Terms of Lease: 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+.  
   
Competition: Normal level of competition in the area for each area of the business, but no other establishment has all offerings under one roof.  
   
Owner willing to train: Will train for 2 weeks @ $0 cost.  
   
Reason for selling: Pursue other opportunities.  
 

 

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