Business Summary:
Almost $2,000,000.00 was spent on the purchase rehab of this historic property over the last six years. The business includes Lone Star BBQ and Grill, curretly ranked #1 our of 23 area restaurants by Tripadvisor.It also includes the historic Konsbruck Hotel, also ranked #1 on trip advisor an elegant 5 suite boutique hotel. It currently boasts a 40% occupancy rate with virtually no marketing. Rooms are currently averaging $2000 a month each. The catering for the restaurant is just starting to take off and could easily add 30 to 40 percent to the gross revenue.These businesses were started less than two years ago by a couple with absolutely no experience in the restaurant/hotel business. A solid foundation has been built. A saavy restauranteer could really take this opportunity to the next level. Includes a 50K vending trailer. Measurements and lot size are approximateThis property is located in the quaint and charming river town, St Peter, MN. Home of Gustavus Adolphus College. Only 1 hour south of the Twin Cities and the Mall of America
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