SG 11056 Minnesota Northern Unbranded Hotel Restaurant and Lounge
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.
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
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.
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