Iconic Running Bear Pancake House in West Yellowstone
Business Description
Take advantage of an exciting opportunity to own a piece of West Yellowstone history. The business has operated in its original location since the 1960s and run with the same commitment to quality and service since. Rarely during Summer park season do you find the establishment without a wait during prime breakfast hours, lined with patrons and families, many returning year after year, on their visits to Yellowstone National Park—one of the country’s most visited national parks. Over 4.7 million annual visitors, coupled with the decades long legacy of the establishment, provide a remarkably consistent customer base.
Currently operating with virtually no marketing or advertising spend and a focus on dine-in, a new owner could further grow the business by expanding the dining area with the available lot space or capitalizing on grab-and-go options for visitors heading to the park for the day. For the right owner, lot space on the current real estate could also be developed to include other retail projects like a small gift shop, coffee shop, ice cream parlor, or candy shop, all while using the existing brand as a platform.
Listing broker can provide CIM and Financial Overview available pending completed NDA and buyer questionnaires.
Business and real estate purchase total of $2.26m is SBA prequalified. Financing will depend on buyer qualification. Contact listing broker for lender information.
Currently operating with virtually no marketing or advertising spend and a focus on dine-in, a new owner could further grow the business by expanding the dining area with the available lot space or capitalizing on grab-and-go options for visitors heading to the park for the day. For the right owner, lot space on the current real estate could also be developed to include other retail projects like a small gift shop, coffee shop, ice cream parlor, or candy shop, all while using the existing brand as a platform.
Listing broker can provide CIM and Financial Overview available pending completed NDA and buyer questionnaires.
Business and real estate purchase total of $2.26m is SBA prequalified. Financing will depend on buyer qualification. Contact listing broker for lender information.
About the Business
- Years in Operation
- 61
- Employees
- 13 Full-time
Seasonal employees hired for Summer tourist season - Facilities & Assets
- Real Estate:
Building 1 consists of 3,086 SF restaurant space with full commercial kitchen. Dining room has seating capacity for 90-100 guests.
Building 2 is an attached add-on consisting of 1,344 SF two-door garage on first floor and 1,356 SF residence on second floor that has 3 bedrooms, 2 bathrooms, kitchen, living room, dining room and laundry room. Currently rented to restaurant manager.
Assets:
Sale includes complete FF&E along with all intangible assets for a smooth, turnkey transition: the established Running Bear Pancake House brand and goodwill, trade name, proprietary recipes and menus, operating procedures, website, active social media presence, business phone number, and vendor relationships.
Itemized asset list with estimated market values is available upon request.
Inventory (food, beverage, restaurant supplies, and retail merchandise) is excluded from the asking price and will be inventoried at cost as of the closing date. - Website
- https://www.runningbearwestyellowstone.com
- Market Outlook / Competition
- Located in the high-traffic gateway of West Yellowstone, Running Bear Pancake House benefits from a steady stream of millions of annual Yellowstone National Park visitors. Commercial real estate in town is strictly limited, creating a strong barrier to entry for prospective competitors. While tourism drives heavy dining demand, few area restaurants focus specifically on traditional American breakfast. Running Bear leverages its iconic local reputation, consistent food quality, and top-ranked digital search presence to capture significant market share and frequent local referrals.
- Opportunities for Growth
- Immediate growth opportunity is expanding service hours and offerings to include lunch and casual dinner options. Other growth opportunity is promoting grab-and-go lunch and dinner.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 5,786
About the Sale
- Seller Motivation
- Owners to pursue other opportunities.
- Transition Support
- Owner is willing to provide reasonable transition support to be included in the sales price.
- Financing Options
- Business and real estate sale are SBA prequalified.
Listing Info
- ID
- 2531947
- Listing Views
- 13
Listing ID: 2531947 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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