Anchor Grille & Lounge - Chamberlain, SD

Chamberlain, SD (Brule County)

Anchor Grille & Lounge - Chamberlain, SD

Asking Price:$240,000

Cash Flow:$61,813

Gross Revenue:$655,163




Real Estate:$100,000


*not included in asking price.

Anchor Grille & Lounge - Chamberlain, SD

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Business Description

This Family Restaurant/Lounge is located in one of the most picturesque cities in South Dakota serving tourists and the surrounding communities. This is a great recreational area for camping, hunting, fishing and snowmobile enthusiasts.

This restaurant has become a well-known meeting place for good food and spirits. The lounge includes an on-sale liquor license and 2 video lottery machines. The current owner bought the business 11 years ago and has enjoyed a loyal customer base and sales at ½ a million dollars per year.

The business equipment, furniture, and fixtures have a fair market value of $144,603. Catering Equipment is not included but is negotiable. Average inventory runs approximately $9,000 and is in addition to the Purchase Price. Land and Building are also included for $100,000.

This is a turnkey operation. The seller will work with a buyer through the transition period and offers assistance at no cost for 10 days. The seller plans to relocate to the west coast. A non-compete agreement will be available.

Detailed Information

Not included in asking price
Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price

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April Boucher

Business Listed By:
April Boucher

The Professionals Group, LLC

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