Nebraska's Iconic Peppermill Steakhouse For Sale

Business Opportunity for Sale
Catylist Listing ID: 30798351
Property Subtypes: Food and Beverage
Building Size (RSF): 11,000 SF
Sale Price: $549,000
Name of Establishment: Peppermill and E.K. Valentine Lounge
Business Website Address: 502 East Highway 20 Valentine Nebraska 69201
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Sale Terms: Cash To Seller
Last Updated: 6/8/2022

Overview / Comments

Nebraska's Peppermill Steakhouse Valentine NE. 

This historic and well known restaurant located in Valentine Nebraska is for sale . For over three generations, the Joseph family has been serving the " Best Steaks In Nebraska" as quoted in the New York Times, Food Network, Men's Journal and countless travel channels and travel websites. This Nebraska restaurant is the "go-to" establishment for locals and travelers alike. Valentine is in Cherry County, the largest county in Nebraska. Getting to Valentine is easily done by traveling on Hwy 20 or Hwy 83 or by flying into Miller Field located 1 mile from town. 

Peppermill and EKV Lounge
Your new restaurant located in Valentine Nebraska has been family owned and operated for many years with a legendary reputation for great food, wonderful service, and comfortable, fun atmosphere. Dining choices are the main dining area or the lounge area watching a Nebraska Football game on the big screens. The Peppermill has just under 11,000 sf of operating area and a 20x40 ft. storage building. There is also a separate party room for receptions, weddings, graduations, or business meetings. The lot size of this Nebraska restaurant for sale covers approximately 1.6 acres (+/-) . The "garage" is on the East side of the main building, It's used for storage or could be rented or leased for additional income. 

Peppermill Restaurant Business Operations

This iconic Nebraska restaurant for sale has very strong financials and professional staff that are well trained and have a good history with the operations and clientele. This Nebraska restaurant is being sold "Turnkey". Business equipment includes stainless steel commercial grade appliances that you would expect to find in a well appointed efficient restaurant for sale. The tables, chairs, and furnishings are all well kept and add to the charm of this Nebraska restaurant for sale. Food and liquor inventory is not included in this sale. A profit and loss statement is available upon request to Pre-Qualified Buyers Only. 

 Nebraska Sandhills and Niobrara River

The Sandhills and Niobrara River is the state's most popular destinations. The Niobrara River has been voted as the #1 scenic river in the US. The golf courses are just as spectacular with the Prairie Club and the newly up and running Cap Rock , both courses are world class. The Niobrara River Valley is also well known for its fishing and hunting . For hunting you can expect to see Deer, Elk, Turkey, Ducks and Geese. For fishing , head southwest out of Valentine 30 minutes to Merrit Reservoir or fish for trout on a cold water stream just minutes from Valentine. 

 United Country Cerny Land Home and Auction LLC / Weber and Company Real Estate 

United Country Cerny Land Home & Auction LLC. and Weber & Company Real Estate are co-listing this property for sale. For additional information and pictures go to , Missy Weber (402) 376-5356 or , Mike Cerny (402) 670-3875

Additional Details

County: Cherry
Industry Segment: Restaurants
Value of Inventory Included ($): $25,000
Value of Furniture, Fixtures, and Equipment ($): $150,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $625,000
Employee/Labor Description: The "Place to work in Valentine "
Mgmt/Training Support Description: Owner to stay on 2-3 months to help new owners.
Competition/Market Description: This is the "Must Go To " restaurant in the area. Minimal to no competition as well. Valentine is noted for its world class golf, great fishing and hunting and of course the Peppermill Restaurant and E.V. Valentine Lounge.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 780 3,563 3,563
Median Age: 41.76 46.11 46.11
Households: 389 1,609 1,609


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