Business Overview:
Excellent opportunity with great growth potential! Great acreage on Mille Lacs Lake currently operating as McQuoid's Inn - your one stop vacation headquarters. From the 31-Unit Hotel & Banquet Hall, to the rustic cabins, all fully equipped with multiple bedrooms, bathrooms, fireplaces and full kitchens, you'll find excitement no matter what time of year. The potential to increase occupancy, provide additional services, add a restaurant and a pool give this resort optimal growth potential. Regular visitors and newcomers continue to enjoy the fishing, boating, snowmobiling, camping and other activities that make this a fun and relaxing family resort and a great investment! Price includes all land, buildings, business, furniture, fixtures and equipment.
**Option to purchase 5 condo buildings for $1,200,000 for a total of $2,900,000. See Listing #664311071 for details.**
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Great acreage on Mille Lacs Lake currently operating as McQuoid's Inn - your one stop vacation headquarters. From the 31-Unit Hotel & Banquet Hall, to the rustic cabins, all fully equipped with multiple bedrooms, bathrooms, fireplaces and full kitchens, you'll find excitement no matter what time of year. Price includes all land, buildings, business, furniture, fixtures and equipment.
**Option to purchase 5 condo buildings for an additional $1,700,000 for a total of $2,900,000. See Listing #664311071 for details.**
Market Competition and Expansion:
While there are various campgrounds and resorts around Mille Lacs Lake, McQuoid’s Inn does not have any direct competition in close proximity. The current owners have found that their competition is greater from alternative destinations in the Brainerd area. McQuoid’s competitive differentiation from the Brainerd area is lower prices and the large size of Mille Lacs Lake for those customers desiring a larger lake for fishing and other recreation.
Reason for Selling:
To pursue other interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.