Profitable Bar/Restaurant & Motel Near Recreation

Not Disclosed, MN

Asking Price: Annual Revenue:
$1,600,000 $1,199,003

Services: Hotel, Motel, Lodging

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RE: Profitable Bar/Restaurant & Motel Near Recreation Broker: Jim Underwood

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $1,199,003
Net Profit: Not Disclosed
Cash Flow: $268,144
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: $1,215,000
Year Established: 1999
Employees: 17
BBN Listing #: 737428483
Broker Reference #: 11146 JU

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Business Overview:

Beautiful, profitable restaurant/lounge with motel, PLUS residence, all nicely situated on 14 acres of land. Business never missed a beat and continued to thrive through Covid years. Motel/Restaurant/Bar is in Northern Minnesota, surrounded by lakes and located on ATV and snowmobile trails. For more information, please contact Jim Underwood or use the email reply button of this ad.

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Reason for Selling:

Moving Out of State

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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