Northern Minnesota Year Around Resort

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Asking Price:
$2,495,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$25,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$416,000
included in asking price

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Business Description

In the wilds of northern Minnesota is this full-service, year around resort. Located at the junction of Ash River, Kabetogama and Namakan Lakes. Access 1000's of acres and miles of shoreline in Minnesota's only national Park, Voyageurs. 5 log cabins, 4 condo units and 4 hotel rooms. 3,000 sq. ft. bar/restaurant/banquet hall. New updated kitchen and bar with walk-in keg cooler. Full-service boat marina with gas, bait and boat and motor rental. Long-time owners looking to retire. Financial information available to qualified buyers.

About the Business

Location:
Orr, Minnesota
Year Established:
1970
Number of Employees:
7
Franchise:
Yes
Real Estate:
Owned
Building Sq. Ft.:
3,360
Facilities:
5 log cabins, 4 condo units and 4 hotel rooms. 3,000 sq. ft. bar/restaurant/banquet hall. New updated kitchen and bar with walk-in keg cooler. Full-service boat marina with gas, bait and boat and motor rental. 5,000 sq. ft. storage area.
Website:
ashkanam.com
Market Outlook/
Competition:
The place to be on Ash River! Great docking area, good food, warm and welcoming atmosphere. Other resorts on the river but this central location is tops, in all 4 seasons!
Growth & Expansion:
6 acres with more acreage available if so desired.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Sellers will help with initial training.

Listing Info

ID:
1632331
Ad Detail Views:
0

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Business Listed by

Jill Kiner

Voyage North Realty
License# 40317053

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