Lanesboro MN Inn Including Residence

Not Disclosed, MN
Fillmore County


Asking Price: Annual Revenue:
$410,000 $84,162

Services: Hotel, Motel, Lodging


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RE: Lanesboro MN Inn Including Residence Broker: Scott Hislop

Quick Facts

Asking Price: $410,000
Annual Revenue: $84,162
Net Profit: Not Disclosed
Cash Flow: $28,390
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1998
Employees: 1
BBN Listing #: 410250297
Broker Reference #: 17441-185696

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Business Overview:

Transworld is offering an exciting opportunity to own a piece of historic Lanesboro Minnesota. Guests enjoy a very short walk to the heart of the historic downtown district featuring art galleries, shopping, restaurants, and the well-known Commonweal Theatre. The Inn also maintains easy access to the Root River State Trail for the many biking and cross-country ski enthusiasts that the city draws.

This 8-room Inn offers the perfect opportunity for either a passive investment or an owner operator who would take advantage of the private home included in the sale.

Highlights:
- 8 room Inn
- Includes updated 1,591 SF house (2 bed, 2 bath)
- Ability to turn home into rental income
- Open year-round
- Serves continental breakfast
- Garage in back
- Incredible views of bluffs
- Next to local attractions and shopping
- Easy access parking

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • 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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