Restaurant & Bar
Lake Lorraine Area

Spacious sports bar in a popular growing area of west Sioux Fall with indoor and outdoor seating. Serving a wide variety of comfort food with a full service bar. Popular neighborhood destination for group gatherings with potential for more business with increased marketing. Exciting opportunity to build this business with the current liquor and lottery licenses that are no longer available for new businesses. Owner is motivated to sell to concentrate on other interests and willing to consider all reasonable offers.

Listing Number:

23290

Category:

Food - Restaurant

Location:

Lake Lorraine Area
$974,000

Financial Information:

Gross Revenue:

$2,151,091

Listed Price:

$974,000

Down Payment:

$0

Total Income:

$261,342

Year Established:

2022

Lease Information:

Square Feet:

5625

Total Rent:

$9,225

Lease Expiration:

02/2026

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$250,000

Inventory:

$50,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

10

Part-Time Employees:

20

Special License Required:

South Dakota Lottery License, Health Dept-Food Service, Liquor

Contract Staff:

0

Training Period:

TBD

Reason for Selling:

To pursue my true interests.

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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

Restaurant & Bar
Lake Lorraine Area

Listing Number:

23290

Category:

Food - Restaurant

Location:

Lake Lorraine Area

Listed Price:

$974,000
brokerPhoto
Scott Kranz
Office: (612) 662-5488 | Cell: (515) 302-1073
License #:
Spacious sports bar in a popular growing area of west Sioux Fall with indoor and outdoor seating. Serving a wide variety of comfort food with a full service bar. Popular neighborhood destination for group gatherings with potential for more business with increased marketing. Exciting opportunity to build this business with the current liquor and lottery licenses that are no longer available for new businesses. Owner is motivated to sell to concentrate on other interests and willing to consider all reasonable offers.

Financial Information

Gross Revenue:

$2,151,091

Listed Price:

$974,000

Down Payment:

$0

Total Income:

$261,342

Year Established:

2022

Lease Information

Square Feet:

5625

Total Rent:

$9,225

Lease Expiration:

02/2026

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

$250,000

Inventory:

$50,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

10

Part-Time Employees:

20

Special License Required:

South Dakota Lottery License, Health Dept-Food Service, Liquor

Contract Staff:

0

Training Period:

TBD

Reason for Selling:

To pursue my true interests.

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.