6-Room, Lake-Front Lodge, Bar & Restaurant in Northern Minnesota
Asking Price: | $1,200,000 |
Gross Revenue: | $819,000 |
Real Estate: | $719,000 |
Cash Flow: | $210,851 |
Inventory: | $10,000 |
Established Year: | 1945 |
Four miles off the famed Gunflint Trail, lake-front lodge, bar, and restaurant with six lodge rooms and two pontoons to rent. Only a short drive to Grand Marais and many outdoor activities. The business income consists of 20% liquor 44% restaurant, 14% lodging, balance boat rentals, shirts, etc. Very close to County Airport on great fishing lake. Good cash flow to owner/operator with possible living quarters on site. For more information, please contact Steve Bragg.