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Businesses For Sale > Business For Sale in Madison, South Dakota (SD)

TeeZer's Sports Bar & Tavern for sale in Madison, SD

Madison, South Dakota (SD)

Asking Price: Gross: Cash Flow:
$ 395,000 $ 370,000 $ 130,000

Furniture and Fixtures Value:
$ 125,000 (included in the asking price)

Inventory Value:
$ 20,000 (not included in the asking price)

Real Estate:
$ 350,000 (included in the asking price)

Business Summary:
Beautiful well established College bar in downtown Madison, SD. Owner has completely remodeled the kitchen, bathrooms and has added a 1 bedroom apartment that would be perfect for an owner/operator! TeeZer’s is a very popular nightclub for the college and younger crowd and they feature ‘live’ music and karaoke on weekends. Complete with 5 Toshiba flat screens and a large 6’x7’ projector, they feature many sports events and games! They also have dance floor lighting system.

 

   
Year Business was Established: 1999
   
Number of Employees: 3FT/8PT  
   
Facilities / Terms of Lease: 4,500 sq ft 1,00 sq ft living qtrs Large City Lot  
   
Potential Growth/Expansion: Madison is a community that is rich in industry and features steady, solid growth over the years. Because it is only 40 miles from Sioux Falls it has attracted many large commercial businesses and sits in the heart of the agriculture market of SD. Surrounded by two beautiful lakes it is a major recreational area for the state of South Dakota! Dakota State University is one of the most renowned colleges that specialize in computers and associated studies. Bar Bingo, Texas Hold em’, meat raffles, bar trivia games can all be added for extra revenue. State run video poker brings in app. $60,000 in revenue per year.  
   
Competition: The combination of the college, the industry and the recreation in this area make this a solid business for someone to live their dream of being their own owner/operator. This is a perfect place to raise a family and have your own successful business!  
   
Owner willing to finance: 50% down w/terms  
   
Owner willing to train: 20 days for new owners  
   
Reason for selling: Retirement  
   
Seller Reference Number: bm1293165813
BusinessMart.com Listing Number: 66156
 

 

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For more info contact:

Jerry Vlaminck

Hospitality Service Corp.
763-972-9077

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