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310 S Chicago Street

Hot Springs, SD 57745
  • $499,000
  • STATUS: Active
  • ON SITE: 237 Days
  • MLS #: 75671
$499,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
Area:

School Ratings & Info

Description

Who doesn't love a good pizza? Pizza appeals to just about everyone! In fact, over 350 slices of pizza are consumed every second in America and pizza sales generated around 45.59 billion last year. Of that, over 53% of the pizza restaurants are independantly owned. Big Time Pizza of Hot Springs, SD is up for sale and buying an established pizzeria is a great way to avoid expensive start up costs and franchise fees. The food costs involved in making pizza is generally 5%-10% lower than any other menu item making owning a pizzeria that much more affordable. Versatile dining options such as carry-out, delivery, dine-in and take and bake give consumers value and convenience. Mary and Robert have been the backbone of this pizza business for over 24 years and it is time to retire. With this purchase, you'll be rewarded with an extremely loyal customer base. The building and business are now modestly priced at $499,000. With over 4500 sq. ft, this building is incredibly versatile. New owners can bring back the subs, coffee service, karaoke or establish new menu and revenue offerings. Recently, the porch was enclosed with thoughts of video lottery so that is a potential new revenue stream as well. Recent improvements include new roof, new roof a/c unit and new flooring and some deck upgrades. There's a covered patio for extra dining as well as a new pizza delivery room to assist with keeping the sales up during Hot Springs highway road construction.

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© 2023 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Voelkers Black Hills LLC are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2023-12-11T06:45:17.977.
www.rapidcityhomes4sale.com/homes/138624584
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310 S Chicago Street Hot Springs, SD 57745

  • Price: $499,000
  • Status: Active
  • On Site: 237 Days
  • MLS #: 75671
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1955
Built
Neighborhood:
Hot Springs
Area:
Hot Springs
Property Description
Who doesn't love a good pizza? Pizza appeals to just about everyone! In fact, over 350 slices of pizza are consumed every second in America and pizza sales generated around 45.59 billion last year. Of that, over 53% of the pizza restaurants are independantly owned. Big Time Pizza of Hot Springs, SD is up for sale and buying an established pizzeria is a great way to avoid expensive start up costs and franchise fees. The food costs involved in making pizza is generally 5%-10% lower than any other menu item making owning a pizzeria that much more affordable. Versatile dining options such as carry-out, delivery, dine-in and take and bake give consumers value and convenience. Mary and Robert have been the backbone of this pizza business for over 24 years and it is time to retire. With this purchase, you'll be rewarded with an extremely loyal customer base. The building and business are now modestly priced at $499,000. With over 4500 sq. ft, this building is incredibly versatile. New owners can bring back the subs, coffee service, karaoke or establish new menu and revenue offerings. Recently, the porch was enclosed with thoughts of video lottery so that is a potential new revenue stream as well. Recent improvements include new roof, new roof a/c unit and new flooring and some deck upgrades. There's a covered patio for extra dining as well as a new pizza delivery room to assist with keeping the sales up during Hot Springs highway road construction.
Exterior Features

Construction Concrete Lot Size 100x150 Parking CommonPavedParking LotStreet Parking

Interior Features

Approx Building Sq Ft 4535 Basement Substructure Crawl Space Heating ElectricPropaneForced Air

Property Features

Auction YN No Commercial Property Type Business/Land/Building(s) Documents On File Furniture & Fixture ListLegal DescriptionPhotographsProfit/Loss StatementAerial Photo Extras Hi-Traffic LocationHigh VisibilityHighway AccessKitchen AreaLiving QuartersRestaurantRestroomsStorage For Sale Or Rent For Sale Number Of Employees 1 - 5 Occupant Owner Possession Negotiable Short Sale No Subdivision YN No Terms CashNew Loan Type Lot Other

[Mount Rushmore Area Association of Realtors] logoListing information © 2023 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Andrea Ronning of Aspen+Pine Realty: 605-517-1130.



© 2023 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Engel & Voelkers Black Hills LLC. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Voelkers Black Hills LLC are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2023-12-11T06:45:17.977.
 
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Engel & Voelkers Black Hills LLC
519 Main Street
Rapid City SD, 57701