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Year Around Destination Restaurant + Cabins
Location: United States -> Arkansas
Industry: Hotels and Holiday Accommodation > Guest Houses / Bed and Breakfast




Business Summary

Restaurant, Rental Cabins, and Owners Residence 3,400' - Many Lake Views

The owners have built a strong brand drawing about 80% of their restaurant
business from locals.

The owners have made major upgrades and additions every year for the past 5+
years, resulting in growing sales and profits year over year. No deferred maintenance!

Restaurant combined seating is 150, with many tables having a lakeview. There is a large patio area with lake views too. Sales for 2020 were initially impacted as
they made adjustments due to COVID restrictions and ended up down 6% from 2019.
Sales for 2021 were more than 30% over 2020 sales, proving to be their best year ever.

The owner's house could be converted into Airbnb for additional income.

There are rental cabins which have all been upgraded and many have lake
views. There is also plenty of room to add more cabins and some adjoining
property may be available.

Note: The owner's residence is upscale and makes a comfortable home private from day to day happenings if wanted.

Real Estate is Listed by Richard Roberts at The Brandon Group.

Signed NDA Required for Additional Information
Richard Roberts, ABI/SVA 479.689.4455 Ext 11.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,100,000
Cash Flow:   $222,837
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $158,356
Seller Financing:  No

About The Business

Year Established:  1945
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  The owners are going to stay in the area to provide all the training and support needed by the new owners.
Reason For Selling:  Health

Photos

View Larger Photo(s) Of Business
Year Around Destination Restaurant + Cabins Photo 1




Print Listing Id: 700366506
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Arkansas Businesses For Sale > Arkansas Franchises For Sale > Arkansas Business Brokers



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