PRICE REDUCED - Event Center, Restaurant, Lounge, Bowling
South Dakota
| Asking Price: | $1,600,000 |
| Gross Revenue: | $1,817,222 |
| FF&E: | $500,000 |
| Established Year: | 1958 |
| Cash Flow: | $271,043 |
| Inventory: | $21,170 |
| Real Estate: | $1,200,000 |
Listing ID: 2116415Listing provided by BizBuySell
BUSINESS DESCRIPTION
PRICE REDUCED - Event Center, Restaurant, Lounge, Bowling
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.
DETAILED INFORMATION
Location
South Dakota
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
38
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Pursue other opportunities.
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