LOCATION
Located in the Chippewa National Forest in a very private setting. Only a
short distance away from Deer River, Minnesota and Grand Rapids,
Minnesota.
Over 30 miles of shoreline to roam about, sightsee, catch fish and just
relax.AMBIENCE
The resort is located on about 8 acres with beautiful trees, lawn and
flowers. The buildings are earth tones and matching stain allows the
buildings to hide amount the trees.
BUILDINGS AND
EQUIPMENT
The resort has 14 rental cabins, 4br. Home, lodge, pool, and expansion
room. Most of the rentals have knotty pine interior, large decks, great
kitchens, nice appliances and roomy. The equipment includes: boats,
motors, lawn equipment, front end loader, and much more.
FINANCIAL
The resort has been operated
year around and is winterized for a buyer who wants to provide cabins for
the ice fisherman. The income sources include: boat rental, cabin rental,
store, bait and guiding. There is over 80% repeat business and the rentals
are filled over 90% of the time in the summer. This is a good business and
a safe one. The owners have operated the resort for the past 12 years and
their children have grown and gone. They want to retire. The net income
continues at around $140,000.00 plus and the sale price is $1,400,000.00.
Excellent financing is available at area lenders.
We provide for a 20 day detailed evaluation at no charge that allows all
your questions to be answered, before you decide to purchase. This is a
rare find: the business is on a larger lake ,has great buildings, great
income and is a turn key opportunity.
Send an email today and get started with your evaluation. |