6-Room, Lake-Front Lodge, Bar & Restaurant in Northern Minnesota

Asking Price$1,200,000

Cash Flow
$210,851
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$819,000

Inventory$10,000
Included in asking price
FF&ENot Disclosed

Real Estate$719,000
Included in asking price
Lodge, Restaurant & BarSave

6-Room, Lake-Front Lodge, Bar & Restaurant in Northern Minnesota


Asking Price$1,200,000

Cash Flow
$210,851
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$819,000

Inventory$10,000
Included in asking price
FF&ENot Disclosed

Real Estate$719,000
Included in asking price
Business Description
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 or James Hammer.
About the Business
Years in Operation
80
Employees
11
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Other Interests
Transition Support
As Needed
Listing Info
ID
2287343
Listing Views
1951

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Calhoun Companies Calhoun Companies

Listing ID: 2287343 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.