Black Forest Inn

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Asking Price:
$749,999

Gross Revenue:
$230,000
Cash Flow:
 Not Disclosed
EBITDA:
$50,000
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$780,000
included in asking price

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Business Description

Free yourself from corporate America and try a different lifestyle! The Black Forest Inn is located in the heart of the Black Hills on the major route of Highway 385 connecting the Northern and Southern Hills. Seven fully furnished guest rooms with private bathrooms with amenities vacationers come to expect including Satellite TV, DVD players, comfortable beds and high quality linens and towels. Two guest rooms have in-room 2-person Jacuzzi tubs and two guest rooms have hot tubs on outdoor private patios. Musekamp's Grill & Pub kitchen is designed to serve up to 50 diners at once and has a large commercial kitchen with reach-in and walk-in refrigeration. Complete with professional cookware and equipment, cooking utensils, appliances, prep tables, knives, and racks. Now is the time to create a new way of living and bring your income to your front door. This listing is provided by Sandra Runde of Sandra Runde Realty, Inc., 605-391-7500.

About the Business

Location:
Rapid City, South Dakota
Year Established:
1950
Number of Employees:
2
Home Based:
Yes
Real Estate:
Owned
Building Sq. Ft.:
8,940
Facilities:
Guest Rooms: Seven fully furnished guest rooms with private bathrooms. Comfortable king or queen beds and high quality linens and towels. All bedrooms include Satellite TV and DVD players and have heat & air conditioning. Two of the rooms have in-room 2-person Jacuzzi tubs, and two rooms have hot tubs on private outdoor patios.
Dining: Large dining room and entertainment area. Perfect for morning breakfast or gatherings and events for up to 50 people. Includes tables, chairs and place settings…everything you would need to entertain.
Lounge: Comfortable lounge area with rock fireplace and a wine bar includes a small stage area for performances and ceremonies.
Wine & Beer License: Alcove adjacent to the lounge serves as a small wine & beer shop. Includes transferrable on/off premises wine & beer license.
Reception Area: Professional office and greeting area is set up with business furniture and equipment and includes a professional phone system with lines set up in key areas with an adjacent lobby and guest bathroom.
Meeting Space: Lower level can easily accommodate up to 25, including large screen TV & media equipment, with all necessary furnishings including a dedicated bathroom and fireplace.
Owner’s Apartment: One bedroom owner’s apartment with a wet bar and private bath located in the lower level.
Laundry & Storage: Large laundry facility for property housekeeping only; five storage rooms on the lower level.
Kitchen: Large commercial kitchen with reach-in and walk-in refrigeration. Complete with professional cookware and equipment. Complete set of cooking utensils and appliances, prep tables, knives, cooking sheets, and racks. A nearby bathroom for staff and overflow guest use.
Outdoor Spaces: Outdoor patio and event space situated in the front of the property. Includes tables, chairs, umbrellas, and patio heaters. Patio also has a large gas fire pit to gather around.
Outdoor Restaurant (Musekamp’s Grill & Pub): A fully enclosed outdoor commercial kitch
Website:
www.blackforestinn.net
Market Outlook/
Competition:
Highest rated bed and breakfast in the Black Hills! (According to an independent survey)
Growth & Expansion:
Great opportunity for additional lodging, retail or amusement facilities.
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About the Sale

Reason For Selling:
Poor health - heart condition
Training/Support:
2 weeks
Seller Financing:
Partial

Listing Info

ID:
1530797
Ad Detail Views:
2234

Attached Files Attachment Disclaimer

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Business Listed by

Sandra Runde

Sandra Runde Realty, Inc
License# 4699

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