Canary Beach Resort

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Asking Price:
$3,250,000

Gross Revenue:
$600,000
Cash Flow:
$356,000
EBITDA:
$356,000
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Here is an exceptional Minnesota family resort in central MN close to a prime vacation destination community. This award-winning Alexandria MN resort is located on the sandy north shore of Lake Villard, where they have offered fun-filled lakeside family vacations since 1920. Sitting on 16.74 acres of park like grounds, 11 rental cabins ranging in size from 2 to 5 bedrooms and 10 all new since 2008, 69 seasonal RV sites, event center, boat storage and 3 bedroom owners quarters above main lodge, all overlooking hundreds of feet of sand beach. Large shop and storage building, impeccably maintained grounds and facilities.
The multipurpose Event Center offers a versatile venue for a variety of gatherings and celebrations of up to 100 guests with 2100 sq ft of flexibility

About the Business

Location:
Villard, Minnesota
Year Established:
1920
Real Estate:
Owned
Facilities:
Located an easy 2 hour drive from the Twin Cities this resort has a great mix of 69 seasonal campsites offering a steady income stream and 10 cabins with 9 being new very comfortable and modern. Round this off with a new event center and this property has what it takes to continue a fine business income. With great cabins a stunning beach and activity area guests continue to come back year after year. With over $200,000 in booking for 2019 ( as of Aug. 2018) this is a solid business opportunity.
Website:
www.canarybeachresort.com
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Owners have spent a lot of time and effort to build this business and want that tradition to continue. The will be available for help in the transition.

Listing Info

ID:
1542345
Ad Detail Views:
398

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$
months
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Business Listed by

Dan Berg

Orion Resort Sales
License# 40528541

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Sponsoring Broker:

Tom Ossell
Orion Resort Sales


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