Asking Price: $749,999 Gross Revenue: $230,000Cash Flow: Not DisclosedEBITDA: $50,000Inventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $780,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Rapid City, South Dakota
Number of Employees:
Building Sq. Ft.:
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
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