Own a Rapid City Iconic Bar, The Oasis Lounge
Listing Number: 60387-831929
Listing Details
Own a Rapid City Iconic Bar, The Oasis Lounge
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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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 reasonably priced drinks, pool tables, darts, and video lottery in a classic, iconic 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.