Business Overview:
This restaurant, bar, motel is in the heart of the north woods. Lakes and hunting within seconds. Bar and restaurant is 3,000 square feet, with poker machines, newer kitchen, new metal siding and roof, and two bedroom loft upstairs owner lives in. Broasted chicken is specialty, and Friday night fish fry. Burgers, fries, chicken, taco salads, wings, haddock, shrimp, ribs, prime rib and more. The motel has very nice rooms and from August thru the end of the year is booked with hunters for bear and deer. Queen size rooms were built on in the last 5 years, kitchen has new equipment and was rebuilt in last five years. Restaurant is forced air, motel is radiant heat. Both properties are on main street, good curb appeal and well maintained properties. Cash flow needs to be reviewed with owner.
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:
This business consists of two lots and two buildings. Motel is 6 rooms, 2 rooms with 1 double bed, 2 rooms with 2 double beds and 2 rooms with 2 queens and kitchenettes. The queen rooms were built in the last 5 years. The bar and grill is 3,000 square foot on first floor and 2 bedroom, one bath loft upstairs. Bar kitchen is new within last 5 years, exterior has new metal roof and siding on restaurant, and cedar exterior on the motel. Both buildings have been maintained.
Market Competition and Expansion:
Competition: Only motel in this town.
Growth and Expansion: No advertising is done. This is a 10 year old business and has a loyal following for food and motel.
Reason for Selling:
Other interests.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.