16 Unit Motel in Minnesota on Canadian Border

Not Disclosed, MN


Asking Price: Annual Revenue:
$345,000 $90,543

Services: Hotel, Motel, Lodging


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RE: 16 Unit Motel in Minnesota on Canadian Border Broker: Don Orke

Quick Facts

Asking Price: $345,000
Annual Revenue: $90,543
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1959
Employees: Not Disclosed
BBN Listing #: 456428483
Broker Reference #: 11077 DO

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Business Overview:

16-Unit motel located in Minnesota on the Canadian border. Includes 2-bedroom living quarters. Major tourist area with forest, lakes and National Park. Many recent renovations and highly rated by Trip Advisors. Very unique décor. Remote MGMT (Camera System, remote phone monitoring and remote climate monitoring as current owners operate 5 months and go south for 7 months. ADDITIONAL POTENTIAL REVENUE IF OPERATED YEAR-AROUND! For more information, please contact Don Orke.

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Reason for Selling:

Retiring

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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