Konsbruck Hotel $995,000

Almost $2,000,000 dollars was spent on the purchase/rehab of this property in 08. Price includes the restaurant, Lone Star BBQ and Grill, ranked number 1 out of 23 area restaurants by Tripadvisor.com. The business is less than 2 years old and the potential is enormous. The catering is just starting to take off and could easily add 30 to 40% to the gross. The hotel/ B&B has had very little marketing. The elegant rooms include decorative fireplaces, Keurig coffee makers, high-definition televisions, mini-refrigerators, irons and ironing boards, Egyptian terrycloth robes, soaking tubs and large ceramic-tiled showers.

Details

  • Built in 1900
  • 6 years as B&B
  • Last renovation in 2008
  • For Sale By Owner
  • 5 Guest Rooms
  • 5 Guest Bathrooms
  • Lot size: 1 acres
  • 15 Parking Spots
  • Has a restaraunt
  • $995,000
  • For Sale By Owner
  • 40% annual. occ. rate
  • $149.00 avg daily rate
  • $650,000 gross revenue
  • $560,000 rest. revenue

Listing Agent

Tom Svendsen
408 South 3rd Street
Saint Peter, MN 56082

Phone: 1 612-759-8393
email: tom.svendsen@yahoo.com


Location

408 South 3rd Street Saint Peter, MN 56082

Photos (click to enlarge)

Konsbruck Hotel has the Lone Star BBQ restaurant located below the hotel which is currently ranked number 1 out of 23 area restaurants by trip advisor.  Hotel occupancy rate is climbing rapidly with very little marketing
All suites have a small fridge, Keurig coffee maker and a flat screen TV
Three of the suites have a "Bain Ultra" air jet tub big enough for two, the other two have a slipper tub and all five have a walk in shower with a rain water shower head and a hand held type shower head too.
Common living room is an excellent spot for your guests to gather
Numerous large screen tv's for the sports enthusiasts, restaurant seats 92 in the dining room, 40 on the patio and 34 in the private dining room
$50k smoker vending trailer less than two years old and is included in the price Large newly installed walk in cooler
Large user friendly kitchen-e mail us for many more photos.  8 seat bar has 10 taps with a pub like atmosphere
Mens Room in the restaurant Restaurants private dining room

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