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Bar, Restaurant, Lounge, Liquor Store, Lottery Machines and ATM - Turnkey Opportunity!
Lincoln County

Seller Financing Available! This business with real estate included has been maintained, renovated, and is popular among loyal customers. The bar and lounge has everything you need from a stocked kitchen and staff serving great food to a furnished lounge and patio, PLUS the added bonus of the liquor store, six state lottery machines and an ATM! 2018 upgrades included an addition, new bathrooms, new roof, and concrete poured out back. The business has a great reputation and prides itself on good customer service resulting in loyal customers. There is also very little competition in the surrounding area. Excellent potential for an extremely smooth, turnkey transfer of ownership!

Listing Number:

22364

Category:

Bar/Liquor,Commercial Real Estate,Food - Restaurant

Location:

Lincoln County
$499,900

Financial Information:

Gross Revenue:

$505,728

Listed Price:

$499,900

Down Payment:

$0

Total Income:

$67,448

Year Established:

2002

Lease Information:

Square Feet:

3600

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$150,000

Inventory:

$15,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

6

Special License Required:

South Dakota Lottery License, DOH Food Service License, Retail on Sale Liquor, Package Liquor

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Retirement

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Scott Kranz
Office: (612) 662-5488 | Cell: (515) 302-1073
License #:

By clicking the button, you agree to First Choice Business Broker Terms of Use and Privacy Notice

brokerPhoto
Scott Kranz
Office: (612) 662-5488 | Cell: (515) 302-1073
License #:

By clicking the button, you agree to First Choice Business Broker  Terms of Use and Privacy Notice

A red and white logo for first choice business brokers
Bar, Restaurant, Lounge, Liquor Store, Lottery Machines and ATM - Turnkey Opportunity!
Lincoln County

Listing Number:

22364

Category:

Bar/Liquor,Commercial Real Estate,Food - Restaurant

Location:

Lincoln County

Listed Price:

$499,900
brokerPhoto
Scott Kranz
Office: (612) 662-5488 | Cell: (515) 302-1073
License #:

Seller Financing Available! This business with real estate included has been maintained, renovated, and is popular among loyal customers. The bar and lounge has everything you need from a stocked kitchen and staff serving great food to a furnished lounge and patio, PLUS the added bonus of the liquor store, six state lottery machines and an ATM! 2018 upgrades included an addition, new bathrooms, new roof, and concrete poured out back. The business has a great reputation and prides itself on good customer service resulting in loyal customers. There is also very little competition in the surrounding area. Excellent potential for an extremely smooth, turnkey transfer of ownership!

Financial Information

Gross Revenue:

$505,728

Listed Price:

$499,900

Down Payment:

$0

Total Income:

$67,448

Year Established:

2002

Lease Information

Square Feet:

3600

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$150,000

Inventory:

$15,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

6

Part-Time Employees:

6

Special License Required:

South Dakota Lottery License, DOH Food Service License, Retail on Sale Liquor, Package Liquor

Contract Staff:

0

Training Period:

4 weeks

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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