110 S. Chicago St., Hot Springs, SD

Others for Sale - $295,000 - 3,166 Sq. Ft.


Agent Info

Theresa Rutz
CENTURY 21 Stevens and Associates, Inc.

Property Info

CIMLS#1148445
Location
  110 S. Chicago St.
  Hot Springs SD 57747
UpdatedJanuary 9th, 2024
TypeOthers
Price$295,000
Building3,166 Sq. Ft.

Property Description

Welcome to an exceptional opportunity - your very own Bar and Pool Hall, steeped in history and waiting for new ownership to continue its legacy. Allow us to introduce you to "Frankies," a well-established business with a rich past, poised for a fresh start under new stewardship. **Historical Significance:** "Frankies" boasts a remarkable history, dating back to its original opening in 1898. With nearly a century and a quarter of history, you'd be the fourth owner to guide this establishment into its next chapter. **Local and Tourist

Favorite:** Over the years, "Frankies" has earned a reputation as a beloved Pool Hall, catering to both locals and tourists alike. It has been a hotspot for pool, cricket, and dart tournaments, making it a cornerstone of the community's social scene. **Ready for Your Vision:** With the current owner retired and the business temporarily closed (except for the occasional pop-up event), "Frankies" is ripe for revitalization. All the inventory and equipment you see within the establishment will be included in the sale, making it a turnkey opportunity for the discerning entrepreneur. **Turnkey or Customize:** Whether you're eager to embrace the legacy and continue the tradition or envision putting your unique stamp on this establishment, "Frankies" offers versatility. All the groundwork is laid, making it an enticing opportunity to open doors for business immediately. **A Valuable Liquor License:** INCLUDED!

**A Valuable Liquor License:** It's worth noting that acquiring a new liquor license can cost $50,000 or more. With "Frankies," you inherit the significant advantage of an existing license. Don't miss this chance to own a piece of history and make "Frankies" your own. Take the next step towards becoming the proud steward of this cherished establishment. For a private tour and to explore the endless possibilities that await, please don't hesitate to contact us. Your dream of owning a bar and pool hall is within reach - seize it today!

**Exceptional Features:** - Amish-made metal walk-in cooler - State-approved small kitchen - An exquisite L E Streeter antique "back bar" - Licensed lottery machines with transfer guidance - Licensed karaoke machine - Keg cooler offering a selection of four beer types - Multiple TV screens for sports enthusiasts - Back patio with tables for a more intimate atmosphere.


Financials