Business for Sale Overview:
PRICE REDUCED FROM $279,000!! Due to the efforts and loyalties of the previous sets of owners, the Northwoods Inn favorable reputation is well known throughout the Brainerd Lakes Area and beyond. With the right enthusiasm and entrepreneurship, you could be the newest owner of this hidden food treasure! Whether you keep the prime rib & golden fried chicken traditions alive, or put your own new spin into revitalizing this tasty stop for locals & tourists alike, now is the time to take advantage of this great corner location on the growing CR 3 corridor between Brainerd and Crosslake.
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:
Property is located on 1.4 acres on the growing CR 3 corridor between Brainerd and Crosslake. The building is approximately 3,257 square feet. The asking price includes the land building and all restaurant furniture, fixtures and equipment. The restaurant seats approximately 100 with 25 plus parking spaces. There are also two walk-in coolers. Over $50,000 in improvements were made to the facility in 2007.
Market Competition and Expansion:
This established business offers an excellent opportunity to own a successful restaurant with a unique location that draws customer from throughout the Brainerd Lakes Area. Due to the area’s large number of lakes, golf courses, ski and snowmobile trails, and many other recreational opportunities, the Brainerd Lakes Area is one of Minnesota’s most popular vacation destinations. This has also resulted in a significant amount of local residential and commercial growth. In addition, many of the lake homes in the area are second homes for property owners who have primary residences in other locations. As a result, the local population significantly increases during the summer months, particularly on weekends. As the area continues to grow, Northwoods Inn is positioned to service this growing market.
Additional Details:
- The property is owned.
- The owner is 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.