Remodeled Motel RV park with new C-store/Liquor store reduced 500K!

Asking Price$2,900,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$400,000
Included in asking price
Real Estate$2,500,000
Included in asking price
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Remodeled Motel RV park with new C-store/Liquor store reduced 500K!


Asking Price$2,900,000

Cash Flow

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$400,000
Included in asking price
Real Estate$2,500,000
Included in asking price

Seller Financing Available
Business Description
Remodeled Motel with new C store/Liquor tore Lake Superior
The Historic Silver Sands Motel and RV Park represents a comprehensive hospitality investment opportunity situated in Ontonagon, Michigan, within the renowned Porcupine Wilderness State Park region. This established operation benefits from its strategic location directly across from Lake Superior's premier beachfront, positioning it within a nationally recognized destination for outdoor recreation and tourism.

The property encompasses a fully operational 22-room motel facility totaling 22,000 square feet of accommodation space. Recent capital improvements include comprehensive remodeling of the motel infrastructure, ensuring modern amenities and guest comfort standards. The accommodation portfolio is complemented by recreational vehicle facilities featuring 14 pull-through sites and 20 sites equipped with water and electrical hookups, with additional expansion capacity available.

A newly constructed convenience store and fuel station with liquor retail operations represents a significant revenue diversification opportunity. This retail component features brand-new equipment and fixtures, strategically positioned to serve both lodging guests and regional traffic, particularly during the winter snowmobile season when tourism activity intensifies.

The business operates within the outdoor recreation and wilderness tourism market, benefiting from established customer demand for hiking, camping, and seasonal recreational activities. The location's proximity to Lake Superior and integration within the state park system provides sustained visitor traffic throughout multiple seasonal periods.

The current ownership transition is motivated by family circumstances, presenting an acquisition opportunity for qualified operators. The seller has committed to escrowing $500,000 to complete the remaining construction on the convenience store and planned sauna facility, ensuring project completion and operational readiness.

This turnkey hospitality operation offers multiple revenue streams through lodging, recreational vehicle accommodations, retail sales, fuel services, and liquor sales, providing operational diversification and market resilience for experienced hospitality operators seeking an established wilderness tourism business.
About the Business
Years in Operation
75
Employees
seasonal employees winter /summer
Facilities & Assets
22,000 sq ft motel,14 pull-through RV sites, 20 water and electric RV sites ,Shower building ,new convenience store/liquor store, new fuel tanks
Market Outlook / Competition
Only motel in the Park
Opportunities for Growth
The Silver Sands sits on 5 acres of land with room to expand the RV camping site considerably.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
22,000
About the Sale
Seller Motivation
family reasons
Transition Support
30 days of training provided
Financing Options
possible land contract
Listing Info
ID
2445441
Listing Views
2
Business Location

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Business Listed by: Jerry Vlaminck Hospitality Services Corp.

Listing ID: 2445441 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 of Use. Learn how to avoid scams.