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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For More Information About This Listing
Skyler Ence
License # 8791306-SA00
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.