Up North Lakefront 6-Room Lodge, Bar & Restaurant
Not Disclosed, MN Not Disclosed
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- RE: Up North Lakefront 6-Room Lodge, Bar & Restaurant
- Contact: Steve Bragg
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $819,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $210,851 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $719,000 | |
| Year Established: | 79 | |
| Employees: | 11 | |
| BBN Listing #: | 954496 | |
| Broker Reference #: | 11745 SLB |
Business Overview:
Four miles off the famed Gunflint Trail, lake-front lodge, bar, and restaurant with six lodge rooms and two pontoons to rent. Only a short drive to Grand Marais and many outdoor activities. The business income consists of 20% liquor 44% restaurant, 14% lodging, balance boat rentals, shirts, etc. Very close to County Airport on great fishing lake. Good cash flow to owner/operator with possible living quarters on site. For more information, please contact Steve Bragg.
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Reason for Selling:
Other InterestsAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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