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Business For Sale

10-Unit Motel Downtown Grand Marais

Grand Marais , MN

Services: Hotel, Motel, Lodging

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$595,000
$98,000
Not Disclosed
$60,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1960
0
15728483

Business Overview:

10 Unit motel with 2 duplexes and commercial garage on 4 city lots in downtown Grand Marais, MN. Beautiful view of Grand Marais harbor and Lake Superior. Recently remodeled motel currently used for nightly rentals in the summer and monthly in the off season. Needs owner/operator living on site.

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:

FF&E of $100,000 and Real Estate of $500,000 included in asking price.

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.
 

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