Iconic steakhouse listed for sale

March 4, 2026

This Site Spotlight is sponsored by Mike Knudson, Van Buskirk Cos.

One of the region’s premier steakhouses is for sale.

Owner Christina Ramos has been involved in Mad Mary’s Steak House in Flandreau for 20 years and has owned it for the past seven.

“She’s decided it’s time to sell the business she turned from a dream into a reality,” said Mike Knudson of Van Buskirk Cos., who has the location listed for sale.

The 8,640-square-foot building on the northwest edge of Flandreau sits on nearly 9 acres at 306 N. Veterans St.

The main floor includes the dining room, kitchen, lounge and bar.

“All furniture, fixtures and equipment in addition to inventory are included,” Knudson said.

“It’s a rare opportunity to take over a well-known name in the restaurant industry statewide, grow your restaurant group’s portfolio or begin your own operation in a space that’s ready to go.”

The lower level features two party rooms and a two-bedroom apartment that is ideal for an owner-operator.

“I could see this being convenient for an entrepreneur or key employee who sees a benefit to living on-site,” Knudson said.

“There’s definitely an opportunity for a seamless transition to new ownership with this space.”

This property is listed at $900,000. The Mad Mary’s business name and concept is listed for an additional $15,000. For information, contact Mike Knudson at 605-310-4509 or mike.knudson@vbclink.com.

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Iconic steakhouse listed for sale

One of the region’s premier steakhouses is for sale.

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