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Business For Sale
WATERFRONT RESTAURANT AND MOTEL
Attn:
Tim Kearney
Northern Michigan, MI, USA
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Listing Number: "15171304"
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Listing
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Asking Price: |
$1,400,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Yearly Net Profit:
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$307,332 |
Business for Sale Overview:
This is an amazing Northern Michigan business that offers waterfront dining and complete motel accommodations year round. Current owners have built a solid reputation for great food and comfortable lodging on a beautiful lake. This all season business is surrounded by the recreation that Northern Michigan is known for including golf, boating, beaches, snowmobiling, hunting, fishing and skiing. Sale includes the restaurant building, equipment, fixtures, liquor license as well as the motel building. Both of these profitable businesses are located on a combined 10 acres. The restaurant is 5000 sq. ft. and the motel is over 13,000 sq. ft. There is also a real opportunity to increase sales by an additional $500K+ by extending business hours.
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