Northern Minnesota Fishing Resort

Contact Seller
Asking Price:
$3,495,000

Gross Revenue:
$396,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$12,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$1,000,000
included in asking price

Share this business:

Business Description

This property consists of two resorts merged together. 20 modern, housekeeping cabins from 1-4 bedroom in size. There are 34 RV sites (32 occupied) with full hook-ups and shower house. The lodge has beer, liquor set-ups,pool table, etc. with attached 2 bedroom owners quarters with resort laundry and storage area. There are 2 garages, fish cleaning house, and income-producing boat storage. All on 10 acres with just under 1,100 feet of shoreline. 3 cabins are available for year around use. The resort features one of the few sand beaches on Kabetogama and a natural protected harbor.

About the Business

Location:
Kabetogama, Minnesota
Year Established:
1940
Number of Employees:
3
Real Estate:
Owned
Facilities:
This property consists of two resorts merged together. 20 modern, housekeeping cabins from 1-4 bedroom in size. There are 34 RV sites (32 occupied) with full hook-ups and shower house. The lodge has beer, liquor set-ups,
pool table, etc. with attached 2 bedroom owners quarters with resort laundry and storage area. There are 2 garages, fish cleaning house, and income-producing boat storage. All on 10 acres with just under
?1,100 feet of shoreline.
Website:
www.pineaire.com/
Growth & Expansion:
This property is located along the southern shore of Lake Kabetogama, one of the top walleye lakes in Minnesota. Situated along the U.S. – Canadian border, Kabetogama has a 500-mile long rocky shoreline, 25,000 acres of clean, cool water and is one of four major lakes that make up Voyageurs National Park. Established in 1975, Minnesota's only national park commemorates a key stretch of waterway canoed by 18th century French-Canadian Voyageurs who transported goods and furs along the international border lakes. Access miles of lakes in the summer and fall or travel by snowmobile, snowshoe or cross-country ski in the winter.
Contact the Seller

About the Sale

Reason For Selling:
Retirement
Training/Support:
Sellers will train incoming buyers on opening and closing down property.
Seller Financing:
https://www.lakekabetogamaresortforsale.com/

Listing Info

ID:
1571997
Ad Detail Views:
17

Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Jill Kiner

Voyage North Realty
License# 40317053

 Show Phone Number

View My Active Listings

Similar Listings


Report an Issue 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. See our full Terms & Conditions.