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- RE: Absentee Boutique Inn Near BWCA 56541
- Contact: Not Disclosed
Quick Facts
Asking Price: | $200,000 | |
Annual Revenue: | $160,370 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $75,332 | |
Total Debt: | Not Disclosed | |
FF&E: | $16,600 | |
Real Estate: | $350,000 | |
Year Established: | 2006 | |
Employees: | Not Disclosed | |
BBN Listing #: | SB-56541 | |
Broker Reference #: | MINNEMN003-56541 |
Business Overview:
Perfect opportunity for an absentee owner. Keep your day job. This turnkey business allows guests to book their stay, check-in, and check-out effortlessly through virtual systems.The inn seamlessly blends outdoor adventure with upscale hospitality in Northern Minnesota’s wilderness. The property is in excellent A+ condition, marrying old-world hostel charm with the privacy of individual bathrooms. Located downtown near restaurants and boutique shops, the inn attracts heavy local and tourist traffic.With steadily increasing revenue year over year cashflow for 2024 was $70,032 from the business and real estate.Seller Financing Available to Qualified Buyers.Interested buyers should have $142,250 in available capital for the down payment. Sunbelt Listing ID: 56541To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
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