Well Established Restaurant/Bar/Venue For Sale or Lease with Option
Business Description
2 full restaurants, fully equipped, several inside bars. 12 outside bars, 1 small stage, 1 large stage. In the heart of the Sturgis Bike rally. Large covered pavilion for concerts, indoor bull riding and many more uses.. Total seating inside and outside is over 800 tables and stools plus numerous bleachers upstairs for seating over pavilion, Very unique property plus over 1200 sq ft retail space with additional storage upstairs. 3 sets of bathrooms plus Green room for entertainment. Large basement with offices and dry storage.
About the Business
- Years in Operation
- 25
- Number of Employees
- 20
- Facilities & Assets
- 2 full restaurants, fully equipped, several inside bars. 12 outside bars, 1 small stage, 1 large stage. In the heart of the Sturgis Bike rally. Large covered pavilion for concerts, indoor bull riding and many more uses.. Total seating inside and outside is over 800 tables and stools plus numerous bleachers upstairs for seating over pavilion, Very unique property plus over 1200 sq ft retail space with additional storage upstairs. 3 sets of bathrooms plus Green room for entertainment. Large basement with offices and dry storage.
- Market Outlook / Competition
- Year a round operation, however Sturgis is a tourism driven town and May-Sept are the biggest months of the year. Many options with this property that include events in pavilion like bull riding, concerts, etc... Area indoors for meetings, private functions, etc..
- Opportunities for Growth
- We have plans for a large upstairs deck that could be added at some point, adding approx 160 more seats. Making the pavilion area even more attractive for events both private and public.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 24,000
About the Sale
- Seller Motivation
- Owner has some heath issues that are limiting his ability to travel as much and
- Transition Support
- Owner will help with training and all contacts for food, beer, liquor distributers as well as all entertainment contacts.
- Financing Options
- For sale with Lease Option to Buy
Listing Info
- ID
- 2410597
- Listing Views
- 24
Listing ID: 2410597 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.
