SG 11056 Minnesota Northern Unbranded Hotel Restaurant and Lounge

Asking Price$5,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,100,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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SG 11056 Minnesota Northern Unbranded Hotel Restaurant and Lounge


Asking Price$5,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,100,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
$5,000,000 for Menisota Northern Unbranded Hotel Restaurant and Lounge Business & Property.

Hotel in Northern Minnesota for $5M, along with a lucrative restaurant and grill.  This property is well located off Minnesota State Highways.  Located just 2 miles from an International Airport and the Canadian border, this property is a convenient stop for many travelers.  Visitors and residents can experience the great outdoors, find amazing walleye fishing, and get a taste of Hockeytown USA.  Home to several Olympic, NHL, collegiate hockey players, and the famous Warroad Lakers, this town truly lives up to its reputation.
* 76 units/ 2 stories (72 Standard Hotel Rooms / 4 Apartment Style).  Situated on 3.75 acres of land.
* Full service, profitable
* Listing includes adjacent vacant parcel
* Very Profitable Restaurant/Lounge with exceptional revenue located on site
* Substantial CapEx Completed
* The Event Center along the Warroad River recently opened
* Current management company would be willing to stay on and work out a deal with you if needed for a seamless transition.
Seller is willing to look at all competitive offers. If you would be interested in acquiring this property, send us your best Offer.  Beautifully remodeled rooms.  Beautiful property that presents an affordable upper-scale property.  Bank financing available.   Profitable operation. Located on a heavily trafficked street in a residential and commercial area.  Seller motivated and willing to make the right deal with the right owner-operator or an investor.  Please “do not disturb the employees” and call The Saleh Group for more information and showings, or visit us online.
About the Business
Facilities & Assets
76-room interior corridor Hotel
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,820
About the Sale
Seller Motivation
Downsizing
Transition Support
2 weeks at no cost to buyer
Listing Info
ID
2399403
Listing Views
191

Contact Seller

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Business Listed by: Nidal Saleh The Saleh Group RE/MAX Preferred Group

Listing ID: 2399403 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.