Lake Resort 4* Restaurant & Cabin Business
| Asking Price: | $1,475,000 |
| Gross Revenue: | $2,000,000 |
| EBITDA: | $308,000 |
| Real Estate: | $1,800,000 |
| Cash Flow: | $375,000 |
| Inventory: | $35,000 |
| FF&E: | $250,000 |
| Established Year: | 2005 |
Highly profitable & acclaimed 4* restaurant & 11 nightly rental cabin business on beautiful Norfork Lake. Strategiclly llocated near dam, business enjoys very loyal following attracted to area’s world class fishing & water sports on White River and both the Norfork River & Norfork Lake. Fantastic menu and staff, restaurant includes rebuilt kitchen & seats 100 guests inside, 40 outdoor on picturesque patio. Undermarketed, newly refurbished nightly rental cabins provide great opportunity to work, live & enjoy the area. Popular, semiactive catering side business w opportunity to grow. New owner can manage, promote, grow business as all needed upgrades are completed. Cabins not marketed and still get apx 50% occupancy. Includes option on adjoining 36 ac could add RV park or additional cabins. Property is well honed gem for an entrepreneur looking to capitalize on exceptional location, great staff, impressive amenities & significant untapped potential. The perfect blend of nature, luxury overnights, culinary excellence and ROI. Custom residence available separately.
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