Elysian, Minnesota
Listing ID: The Knotty Bar & Grill
Asking Price: $475,000
Revenue: $936,000
FF&E: $125,000
Agent: Dan McGuire
Business Overview:
Established turnkey restaurant and bar in Elysian, Minnesota - only 30 minutes east of Mankato and 60 minutes south of the Twin Cities.
Opportunity to capitalize on continued growth - first year revenues generated nearly $950,000.
Located along the beautiful Sakatah State Trail and within miles from several well-known recreational lakes, campgrounds, and an outdoor water park.
This spacious dining establishment is a popular destination for the many lake area tourists, trail riders, large group gatherings, highway travelers and locals.
The patio restaurant bar is priced to sell and includes includes the 2.97 acre wooded parcel, newly constructed full service bars, full kitchen, prep kitchen, outdoor patio, city water and sewer, a generously sized blacktop parking lot, Point of Sale and security systems, kitchen equipment, furnishings, electronics, glassware, fixtures, and small wares.
Training and support provided by the current owners to ensure a smooth transition. Current owners interested in concentrating on other businesses ventures.
Facilities:
180 seats + outdoor patio restaurant bar with nearly 3 acres
Real Estate: Owned and included in the asking price
Building is 5,404 square feet
Employees: 7 Full-Time and 12 Part-Time
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Inventory: Not included in asking price
Gallery:
Location:
Market Outlook / Competition:
Located in Le Sueur County. Traffic counts of 5,200. County population near 30,000 and Tourist visit trails, recreational lakes, and campgrounds.