For Sale

Hotel and Restaurant – Upper Peninsula

Business Category: Amusement & Recreation, Business Real Estate, For Sale, Hotels & Other Lodging Places, Other Personal Services, Other Travel & Transportation, Service Businesses
Location: Michigan

Listing Price:

$2,000,000

Revenue: $950,601

Cash Flow: $173,463

Financing Terms: Limited seller-financing is available for qualified buyers.

Real Estate Available: Real Estate available, included in the asking price.
Reason For Sale: Retirement
Number of Employees: 12

This Lodge, established in 2006, features 16 hotel rooms and a full-service restaurant and bar, offering guests and visitors a complete hospitality experience. The Lodge also hosts events for anywhere from 40 to 180 people.

The Company enjoys a loyal and diverse customer base that evolves naturally with the seasons. Summer months draw local residents and regional visitors seeking waterfront recreation, dining, and relaxation. As the seasons transition into fall and winter, the property becomes a destination for a dedicated base of repeat customers who travel from across the Midwest to take advantage of the region’s world-class hunting, snowmobiling, and winter recreation.

The Lodge spans 18,000 square feet on almost six acres of land.

At this time, the owner is seeking to sell the Business in order to pursue retirement.

Opportunities for Growth

(1) Add Additional Lodging
(2) Increase Events

Investment Highlights

(1) Recreational Opportunities
(2) Food & Lodging for Tourists

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