Northwoods Inn Building For Sale
| Asking Price: | $279,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Due to the efforts and loyalties of the previous sets of owners, the Northwoods Inn favorable reputation is well known throughout the Brainerd Lakes Area and beyond. With the right enthusiasm and entrepreneurship, you could be the newest owner of this hidden food treasure! Whether you keep the prime rib & golden fried chicken traditions alive, or put your own new spin into revitalizing this tasty stop for locals & tourists alike, now is the time to take advantage of this great corner location on the growing CR 3 corridor between Brainerd and Crosslake.
About the Business
Facilities:Property is located on 1.4 acres on the growing CR 3 corridor between Brainerd and Crosslake. The building is approx. 3,257 sq. ft. The asking price includes the land, building and all restaurant furniture, fixtures and equipment. The restaurant seats approx. 100 with 25+ parking spaces. There are also two walk-in coolers. Over $50,000 in improvements were made to the facility in 2007.
Market Outlook and Competition:This established business offers an excellent opportunity to own a successful restaurant with a unique location that draws customers from throughout the Brainerd Lakes Area. Due to the area’s large number of lakes, golf courses, ski and snowmobile trails, and many other recreational opportunities, the Brainerd Lakes Area is one of Minnesota’s most popular vacation destinations. This has also resulted in a significant amount of local residential and commercial growth. In addition, many of the lake homes in the area are second homes for property owners who have primary residences in other locations. As a result, the local population significantly increases during the summer months, particularly on weekends. As the area continues to grow, Northwoods Inn is positioned to service this growing market.
KEYWORDS: Brainerd Lakes Area, restaurant, bar, CR 3, Merrifield
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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