Popular Bar & Grill in Lakes Area

Elysian, Minnesota

Listing ID: The Knotty Bar & Grill

Asking Price: $475,000

Revenue: $936,000

FF&E: $125,000

Agent: Dan McGuire

dan@hscbrokers.com | 763.999.1285


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:

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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.