Business Overview:
Seller seeks to downsize business operations on Hwy 3 by selling The Chap Restaurant and Bunkhouse Motel. Seller will continue owning and operating the adjacent Timbermist Catering and Banquet facility. Excellent opportunity to own a popular restaurant and bar along with a well maintained motel. The Chap Restaurant, completely rebuilt in 2006, and the Bunkhouse Motel offer you the opportunity to live in nature’s paradise while owning two established businesses. The County Road 3 location between Brainerd & Merrifield draws a significant number of local customers as well as many tourists traveling to or from their lake properties in the area. With a 2008 appraised value of $1,670,000, these two businesses are available at a combined price of only $649,000!
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:
Price includes land, buildings, and all furniture, fixtures and equipment for both properties. Restaurant is 4,842 square feet and Motel is 5,816 square feet for a total of 10,658 square feet.
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.