Seller's Contact Information
- RE: Beautiful Lakeside Restaurant 50870
- Contact: Sunbelt Business Advisors
Quick Facts
Asking Price: | $4,500,000 | |
Annual Revenue: | $1,382,569 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,382,569 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 127 | |
BBN Listing #: | 85064538 | |
Broker Reference #: | MINNEMN003-50870 |
Business Overview:
The business offers a variety of lakeside experiences as a year-round marina and restaurant. As of July 2022, Trailing-Twelve-Month Revenue is $5,885,500 and Seller?s Discretionary Earnings is $917,569 after RE purchase. The business? diverse and loyal customer base consists of lake residents, tourists, and locals of the area. The business is known for its boat slips, dockside to-go parking for boaters, and frequently hosting dock-side live music. The boat-slip wait list currently has over 300 reservations. There is a creative and experienced management team in place and a technically competent workforce.Sunbelt Listing ID: 50870
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Reason for Selling:
Planned Sale
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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