Lakeside Resort

Not Disclosed, MO


Asking Price: Annual Revenue:
$4,700,000 $1,197,935

Services: Hotel, Motel, Lodging


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RE: Lakeside Resort Broker: David Hamm

Quick Facts

Asking Price: $4,700,000
Annual Revenue: $1,197,935
Net Profit: Not Disclosed
Cash Flow: $693,705
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1960
Employees: 17
BBN Listing #: 31644955
Broker Reference #: 5501-15525

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Business Overview:

Lake front resort in prime location on one of the biggest lakes in Missouri. This lake has consistently been voted one of the best in the state. This vacation destination has been in business for over 50 years and caters to families, couples, fishermen and anyone else needing some time to get away and relax.

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Property Features and Assets:

The facility sits on over 6 acres of prime property located near numerous restaurants, shopping areas and other attractions. The resort is easily accessible by land and water. There are over 30 units that are rented nightly in separate buildings. The property also features boat docks that can be used by guests in addition to a private boat ramp. Other amenities include a swimming pool, swim dock and a picnic pavilion just to name a few. Assets=$4,302,202

Market Competition and Expansion:

There are many hotels, motels and resort facilities on the lake but none can offer the combination of room variety, amenities, value and location that this property provides. This combination has proven to be a winning recipe throughout the history of the business. There is unused space on the land that could be used to build additional lodging or other revenue generating facilities/activities. The seller has other growth ideas that a new owner could explore as well.

Reason for Selling:

Retirement.

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.

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