Businesses For Sale > Business For Sale in Rapid City, Pennington County, South Dakota (SD)

Wine Cellar Restaurant for sale in Rapid City, Pennington County, SD

Rapid City, Pennington County, South Dakota (SD)

Furniture and Fixtures Value:
$ 80,000 (included in the asking price)

Inventory Value:
$ 10,000 (included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary: For over two decades, the Wine Cellar has been a staple of Downtown Rapid City. The fine dining restaurant serves chef inspired dishes, highlighted by an extensive and curated wine list. The Wine Cellar always delivers a memorable experience with live music in a cozy and welcoming setting.
Year Business was Established: 2001
Number of Employees: 3 FT/5 PT
Facilities / Terms of Lease: Since they opened the doors, this business has been located in the same location for almost 25 years. The downtown location is next to a landmark hotel, and offers plenty of parking, good visibility, and ample foot traffic.
Potential Growth/Expansion: A new owner can look to grow the business through an expanded menu, being open additional days/hours, or more advertising/marketing efforts to take advantage of the steady growing population.
Competition: The restaurant sets itself apart by offering fine dining, live music and one of the best wine list in the city. For over two decades, this business has built a large and loyal customer base.
Owner willing to train: Will train for 2 weeks @ $0 cost.
Reason for selling: Seller looking to retire.
Seller Reference Number: 5401-19263 BusinessMart.com Listing Number: 320426
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