We sell more businesses than anyone in the world.
Icon Login Login
find your local office
sunbelt branding
Icon Menu Menu Icon Browse listings Browse listings
find your local office
Browse listings

Profitable Restaurant and Catering Business in Redfield, South Dakota 56855

restaurant silverware.jpg
Mail Print Save

Restaurants & Food Businesses for Sale

  • Primary Industry: American Restaurants

For over 60 years, this beloved family restaurant and catering business has been a cornerstone of Northeastern South Dakota. Dine-in services operate daily, along with take-out and catering orders.
The restaurant provides an atmosphere of home cooked meals. Its take-out and catering capabilities combine tradition and convenience by servicing area weddings, graduations, birthdays, picnics, funerals and reunions.

Key Features:
• Includes Real Estate: Utilize cash flow of the business to fund the real estate investment.
• Convenient Location: Located on major highways and limited competition provides consistent cash flow for a new owner.
• Existing Employees: Trained staff for daily operations. Owner willing to help in training and transition.
• Trusted Legacy: A proven history of success with deep community ties.
• Growth Opportunities: Take-out and catering orders have the potential to increase with marketing programs and online ordering capabilities. Also, additional food services would bolt on for cross-selling.

Whether you're an existing food-related business looking for expand, or an entrepreneur looking for a new pace of life, this business is an un-matched opportunity.

Interested buyers should have approximately $30,000 in available capital for the down payment.

Sunbelt Listing ID: 56855

Financial Information

  • $300,000 Asking Price
  • $166,247 Cash Flow
  • $916,170 Gross Revenue
  • $30,000 Down Payment
  • N/A Adjusted EBITDA

Business Location

  • City: Confidential
  • State: South Dakota

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1964
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: Yes
  • Full-Time Employees: 2
  • Part-Time Employees: 30
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $20,000
  • Monthly Rent: On request
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $200,000
  • Building Size: 10504
  • FF&E Included?: Yes
  • FF&E Value: $128,000
Business Listed by
image of Sunbelt Business Advisors
Sunbelt Business Advisors
Sunbelt Business Advisors
Email Sunbelt
Show Phone Number
Listing ID
MINNEMN003-56855
License Number
MN License #40214109

Contact Business Broker

"*" indicates required fields

This field is for validation purposes and should be left unchanged.
Name*
Newsletter

Similar Businesses for Sale

Image of Turnkey Dual-Purpose Café & Licensed Wine Bar in the GTA Save

Turnkey Dual-Purpose Café & Licensed Wine Bar in the GTA

 Confidential, Ontario

Step into a beautifully established, high-visibility hospitality venture in a prime downtown location. This turnkey business operates a highly successful...

$460k Gross Revenue
$36k Cash Flow
Asking Price $99k
View Listing Save
Image of Iconic Fine Dining Restaurant, Extremely Well-Priced Save

Iconic Fine Dining Restaurant, Extremely Well-Priced

 Birmingham, Alabama

A white tablecloth experience and an unmatched bar. The staff and kitchen bring the very best to a memorable evening....

$1.708m Gross Revenue
$127.1k Cash Flow
Asking Price $385k
View Listing Save
Image of Series 6 Bar Opportunity: Real Estate + Liquor License + Lifestyle Save

Series 6 Bar Opportunity: Real Estate + Liquor License + Lifestyle

 Mohave County, Arizona

Own The Building, The License, & The Business High-Energy Mohave County Bar with Rare Series 6 License, Real Estate, &...

$250k Gross Revenue
Asking Price $1m
View Listing Save
Image of Thriving Edible Arrangements Franchise – Award-Winning Location! Save

Thriving Edible Arrangements Franchise – Award-Winning Location!

 Confidential, Florida

Business Overview Step into a well-established Edible Arrangements franchise, with 85% brand recognition nationwide, that has been delighting customers since...

$476.4k Gross Revenue
$21k Cash Flow
Asking Price $75k
View Listing Save
Image of Turnkey Bar & Dining Listing ID: N-1048 Save

Turnkey Bar & Dining Listing ID: N-1048

 Confidential, Wisconsin

• Located within a historic destination district • Broad American-style menu • Full bar program • Indoor dining plus seasonal...

$1.152m Gross Revenue
$149.9k Cash Flow
Asking Price $450k
View Listing Save
Image default for listing Sunbelt Save

Franchise Restaurant Business For Sale With No Fees For Sale in Metro New Orleans

 New Orleans Metro, Louisiana

Sunbelt Business Brokers of New Orleans presents this franchise restaurant business for sale that offers a unique opportunity for entrepreneurs...

$245k Gross Revenue
$65k Cash Flow
Asking Price $70k
View Listing Save