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Asking Price:	$1,100,000 USD USA Dollars
Business for Sale Industry:	Services: Hotel, Motel, Lodging
Reason for Selling:	Health Reasons
Year Established:	1964
Yearly Revenues:	$580,000
Yearly EBITDA:	$160,000

Business for Sale Overview:

Mountain Lodge With 14 Deluxe Units For Sale For The Reduced Price Of $1,100,000. This busy year round business and truly turnkey operation is waiting for the right person to step in and take over. Priced less than 3X gross sales, the Lodge has been completely renovated with well over $500,000 worth of improvements and now provides a perfect and idyllic setting for weddings, banquets or simply a quiet retreat. The Lodge has hundreds of antiques throughout the property, a full circular lounge, large banquet room and a very unique patio that provides additional outside dining. Collectively Assets which include antiques and a pick-up truck, Furniture, Fixtures & Equipment plus Inventory are valued at approximately $425,000! Real Estate Value is approximately $1,750,000. A new Owner could acquire a Gambling License and sell pull tabs to increase the profit margin of this business! Owner is very proud to state that this is the best deal in the Great Pacific Northwest and is a perfect family business. Food Service is the #1 "Recession Proof" business in today's economy that is critical. Owner financing available at low rate of 6.5% with $650,000 down payment.

Property Features and Assets:

Prime location with beautiful mountain and river views in Concrete, Washington. The property consists of 3 buildings totaling 8,500 square feet plus land valued at over $1,750,000 with an additional 2.3 acres for further development. The Lodge is directly on scenic Highway 20 known as the Mountain Alps. It is on the "Cascade Loop" close to Mount Baker and North Cascade Park. This business needs to be seen to be appreciated.

Market Competition and Expansion:

Excellent potential for expansion. There are 2.3 acres for further development and a great site on which to build an Recreational Vehicle Park. Also, there is lots of opportunity to attract more weddings, receptions, banquets, catering service and tour buses. Very little competition in the area.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.