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Profitable Restaurant and Catering Business in Redfield, South Dakota 56855

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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

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