Mankato Bar/Restaurant across MSU Campus

Mankato, MN (Blue Earth County)

Dining Area
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Asking Price: $299,900

Cash Flow: N/A

Gross Revenue: N/A

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Inventory: N/A

Established: 1993

Mankato Bar/Restaurant across MSU Campus

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Business Description

Established and Prime Location

Your time to jump on a prime location bar in Manakto, MN is now! Home to 3 large colleges and a strong market of young professionals seeking nightly entertainment. This establishment location was first opened as a bar in 1993 as an anchor point of a heavily trafficked strip mall.

The mall is located directly across Minnesota’s 5th largest college, Mankato State University, with over 14,000 students enrolled. It’s also adjacent to Blakeslee Stadium, home of the Mavericks. Not to mention, the facia of the business faces one of the busiest roads in Mankato.

The location offers a whopping 4245 square feet, island bar, sun set facing patio, oversized kitchen, front door access, mall door access and more! The city rated capacity is 185. Total seating with bar, table and booth is about 120 plus 33 seated on the patio.

The bar is fully equipped with 2 beer coolers, 3 tap towers (6 lines on two, 3 on one, 15 total), 2 service stations, server station, 3 newer POS terminals, 2 cash drawers, 4 sinks and everything else needed to efficiently serve your customers the day you open.

The kitchen features a double stacked Middleby oven, double tank ductless deep fryer, prep line station, 2 prep counters, 2 commercial freezers, a double door cooler, multiple racks, dishwasher, 4 wash sinks, a hand wash sink and an Ice-O-Matic ice machine.

There is an extra large spacious walk-in cooler with ample food shelving and keg storage and includes 12 Foam On Beer detectors. The back room, equal in space to cooler, contains the ice maker, Pepsi supply, lockable liquor storage room and 6 CO2 tanks. It’s a perfect space for extra storage and inventory.

Off to the kitchen is the office which contains the security camera system and internet routers. There is also a maintenance room off the kitchen which houses the water heater and mop station.

There are 2 roof top heating/cooling units, one for the bar side, the other for the kitchen. Both operate independently.

There are 2 restrooms, women’s room with 2 toilets / 2 sinks and men’s with 1 toilet + 2 urinals / 2 sinks. Both in clean operating order.

The establishment has had recent renovation within the last year including all new wall paint, wood flooring addition and new ceiling tile.

Sporting events will be a must with the 9 HD televisions running off 4 cable boxes located in the DJ booth. The booth includes a master volume for TV/Music and multiple amplifiers with adjustable subwoofer and patio speaker level.

Entertain is a huge draw to the location and with that comes two billiard tables, 1 dart board and Touchtunes plus an onsite ATM. They are owned by a third party that will pay you on a monthly basis. Onsite gambling also brings in an extra revenue with 2 boxes in an automated dispensing machine plus 2 E-Tab tablets.

The bar is currently branded as a tiki themed bar but has endless possibilities for any new design or concept. It’s been called by many, one of the best locations in Mankato and many who enter comment on the warm welcoming ambiance of the place. If you would like to discuss your opportunities here further, you may call Kathy directly at 507-995-8314. Thank you.

Attached Documents


Detailed Information

Location:
Mankato, MN
Employees:
12
Growth & Expansion:
In addition to obtaining a city liquor license, an off-site liquor catering license opens the door to a new revenue stream of catering weddings, events and more.
Reason for Selling:
Retirement
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Business Listed By:
Kathy Depuydt

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