Own a Rapid City Iconic Bar, The Oasis Lounge

Name: Own a Rapid City Iconic Bar, The Oasis Lounge
Brand: Transworld Business Advisors
Price: 1300000 USD
Availability: InStock

Listing Number: 60387-831929

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Listing Details

Price: $1,300,000

Location: Rapid City, Pennington County, South Dakota

Down Payment: $1,300,000
Sales: $695,552
Seller's Discretionary Earnings: $87,128
Inventory: $20,000
Furniture, Fixtures, and Equipment: $0
Employees:
Year Established: 1977
Reason for Selling: Retirement

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For More Information About This Listing

Eric Straus

(917) 719-5920 [email protected]

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Listing Agent: Eric Peterson

License #21804

Business Description

Located in the heart of Downtown Rapid City, Oasis Lounge, affectionately known to locals as "the O", is a beloved neighborhood bar offering cold drinks, pool tables, darts, and video lottery in a classic, no frills dive bar setting. The O carries deep South Dakota roots tracing back to the Bronco Bar's original Main Street locations with the business having operated continuously under the same family ownership. Steady foot traffic from downtown's hotel, retail, and entertainment corridor keeps the bar busy day and night, supported by a loyal base of regulars and a strong reputation for cleanliness, fast service, and genuinely friendly bartenders.