Long-established Bar & Grill/Residence Property in South Dakota for Sale - 11334

Price
$389,000
Location
Industry
Category
Bar & Grill
Description

Established in 1947, the Orient bar and grill has been owned and operated since 1978 by Kathy and Gary Remmers.  After a fire, the bar was reconstructed and expanded. Seating capacity is now approximately 175. In 2006, owners constructed a 2400 sq. ft., single level, 3-bedroom, 2-bath home with attached garage. The home and restaurant are connected. Kathy and Gary have retired and are not currently operating the business. When operational, the business carried an outstanding reputation and drew customers from over 100 miles. The Orient Bar & Grill was known for their great food and hospitality. In addition to loyal local customers, South Dakota’s world-famous hunting provides the area with a huge influx of new customers. The hunting season stretches over 100 days and attracts hunters from all over the world. With limited competition for 40 miles, the business is well positioned to serve these visiting customers. 
 
Another viable business option may be converting the buildings to a destination hunting lodge and market on VRBO and AirBNB. The business and home are located in the award-winning, Faulkton, SD School District.

Listing ID
11334
Value of Real Estate
$500,000
Equipment Price
$25,000
Reason for Selling
Retirement
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
43

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