Waterfront Restaurant And Motel
Location Michigan,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $959905
Net Profit / Cash Flow $217971
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1927
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Description This is an amazing Northern Michigan business that offers waterfront dining and complete motel accommodations year round. Current owners have built a solid reputation for great food and comfortable lodging on a beautiful lake. This all season business is surrounded by the recreation that Northern Michigan is known for including golf, boating, beaches, snowmobiling, hunting, fishing and skiing. Sale includes the restaurant building, equipment, fixtures, liquor license as well as the motel building. Both of these profitable businesses are located on a combined 10 acres. The restaurant is 5000 sq. ft. and the motel is over 13,000 sq. ft. There is also a real opportunity to increase sales by an additional $500K+ by extending business hours. Contact for more information on this Waterfront Restaurant And Motel for sale.
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