Steakhouse Lounge Bait Store / Campground
Location: United States -> South Dakota -> Lake Vermillion
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Businesses for sale Summary
Battle Creek is located on the shore line of Lake Vermillion. This is a great recreational area for camping, hunting, fishing and snowmobile enthusiasts. The convenience store/bait shop operates year around. Open to campers, local residents, and travelers, Battle Creek has become a well-known meeting place for camping, recreation, and good food and spirits. The business is an ”S” Corporation which was established in 2000 when the current owner(s) bought the bait shop. The steakhouse was opened in 2001. The one story building was built in 2001. One full-time and 6-8 part-time employees work the business specifically weekend nights. The dining room and lounge hold 60+ people and business is highly patronized on the weekends with more than 100 customers. A very beautiful view of the lake is available to all patrons through oversized windows in the dining area. Business visibility is excellent – convenient parking for 35 is available. Lake values are increasing with residential and traffic growth. Battle Creek is located just 5 miles south of I-90 and 25 miles West of Sioux Falls. This recreational site is in demand year around. All shore line is state owned; however, the business owner(s) have a private dock and the land and building are included in the sale. Battle Creek leases 42 camper sites and 10 tent sites. The campground is full on weekends and stays 60-75% full weekdays. This is a great opportunity for an owner/operator looking for a profitable business and property in a recreational area. Contact for more information on this Steakhouse, Lounge, Bait Store / Campground for sale.
Financials
Asking Price Range: $250K – $500K
Gross Revenues: $322,389
Cash Flow: $58,887
Cash Flow Type: Sellers Discretionary Cash
Inventory: $62,550
Seller Financing: No
About The Business
Year Established: 2001
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Not Applicable
