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Businesses For Sale   >>   Hotels and Holiday Accommodation Businesses For Sale

Lakefront Resort

Location  Minnesota,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $270965
Net Profit / Cash Flow  $191356
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1932
Number of Employees  4 - 5
Inventory  2045620
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned

Description  
Deeply rooted in one of the beautiful parts of the country is this astonishing 3+ acre resort residing lake front with a number of amenities to please any vacationer. The resort dates back to 1932 and has been completely remodeled through time with state of the art cabins that are well maintained with newer plumbing, water softening, exterior maintenance, solid wood interior and ext. There is over a dozen cabins, several condos including owner residence, eight RV lots and a boat house. The RV sites and cabins are only opened seasonal, where as the condos are available all year round for winter activities. The resort features a pool, a lodge that consists of a small cafe and gift shop, exercise room, and a beach with boat docks. This is a must see resort that is in excellent shape and ready for a new owner to come in and operate. Inquire today to learn more about this business located in west central Minnesota. Assets are to include $175,000 in equipment and vehicles, and $270,620 in fixtures and furnishings. The building and property is included and is valued at $1,600,000. Ask for portfolio #0393.


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