Owner Financing is Available!
Business Overview:
Lakefront supper club located in a tourism-filled lakes area is a complete “turn-key ready-to-go” restaurant, bar, banquet catering, and lake cabin rental business that’s priced right for a quick sale. This restaurant/bar has a fine reputation for excellent food, reasonable prices, and great service. The owner has invested in improvements over the last few years to turn this into a first-rate, quality facility and the opportunity exists for a new owner to take advantage of. This business is a dining place for the locals but especially cashes in on the tourists during the spring, summer, and fall periods. The business also includes prime lake property with many boat docks, outside party deck, and a 4 bedroom with 3 queens and 1king, 2 bath rental cabin/house for even more revenue. REcent price reduction makes this a great opportunity!
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 2.8 acres of waterfront property has a great high traffic and visibility location with plenty of parking. The 1,600 square feet restaurant area seats 80, the large 1,600 square feet bar area accommodates another 80 people, the 2,160 square feet banquet room seats up to 150 people, and there’s a billiard & game room, office, and 1,260 square feet large kitchen with all needed up-to-date equipment. The property also includes 16 boat docks on 283 feet of lakefront and nearly 1,200 square feet outdoor restaurant deck with seating for 40. The fully furnished lake cabin, renting per week, includes 4 bedrooms with 3 queens and 1 king; 2 bathrooms; large living room with futon; kitchen with stove, refrigerator, and microwave; washer and dryer; and outside deck.
Market Competition and Expansion:
Only limited newspaper advertising, a website, and word-of-mouth have been used. A new owner could substantially grow business with these suggestions: internet email campaigns, radio ads, highway signs, a large lighted sign in front by the highway – computer controlled to advertise specials and messages, large pontoons accommodating dinner cruises on the lake.
Reason for Selling:
Retirement
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.