Listing Number: 17441-222438
Description
For sale is a historic hotel in the scenic Northern MN Lakes Area, offering a unique investment opportunity. Built in the early 1900s, it blends timeless elegance with modern upgrades. The business includes a full-service restaurant, cozy café, lively pub, and well-appointed rooms, ideal for events and stays. Positive reviews and a loyal customer base highlight its appeal in a region known for natural beauty.
Financially stable with rising 2025 sales and boosted seller's discretionary earnings (SDE) from strategic cost management, this profitable business operates with part-time owner involvement. Requiring little startup cash, it’s perfect for hospitality enthusiasts to expand operations and enhance marketing. This versatile venue, enriched by its unique allure, promises growth for new owners.
Listing Details
- Price: $ 450,000
- Down Payment: $450,000
- Sellers Discretionary Earnings: $ 77,968
- Total Sales: $ 356,582
- Location: Minnesota
- Inventory: $ 15,029
- FF&E: $ 108,233
- Employees: 8
- Reason for Selling: Retirement
- Category: Real Property Rltd
