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Businesses For Sale   >>   Holiday Resorts Businesses For Sale

Profitable Hotel / Restaurant In Resort Community

Location  Wisconsin,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $253335
Net Profit / Cash Flow  $83912
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1963
Number of Employees  10 - 19
Inventory  $293000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Owner will train the buyer for 4 weeks at no cost.
Reason for Sale  Other business interests.

This listing is for a lakefront motel and restaurant located in a resort community in southern Wisconsin thatts available to a qualified buyer. This business features a marina, restaurant and motel. There are a total of 9 motel rooms (5 of which are two-bedroom units with kitchenettes and 4 charming hotel rooms). The marina features 18 boat slips for rental which is a major draw. The restaurant offers breakfast (and some evening/afternoons as well) and features a large, popular bar with nightly drink specials. This iconic resort and marina has a very large base of customers and a great reputation in their marketplace. Theyyve been a fixture in the community for over 50 year total. The summer months bring a large number of guests to their business from hundreds of miles away. In addition, approximately $1,693,000 in assets are to be transferred with the sale of the business. The motivated seller has health problems and would like to move to Florida to retire. This includes the real estate which is valued at $1,250,000. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $2,599,000

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