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Profitable Hotel / Restaurant In Resort Community
Location: United States -> Wisconsin -> Kenosha County
Industry: Hotels and Holiday Accommodation > Holiday Resorts

Business Summary

This listing is for a lakefront motel and restaurant located in a resort community in southern Wisconsin thatts available to a qualified buyer. This business features a marina, restaurant and motel. There are a total of 9 motel rooms (5 of which are two-bedroom units with kitchenettes and 4 charming hotel rooms). The marina features 18 boat slips for rental which is a major draw. The restaurant offers breakfast (and some evening/afternoons as well) and features a large, popular bar with nightly drink specials. This iconic resort and marina has a very large base of customers and a great reputation in their marketplace. Theyyve been a fixture in the community for over 50 year total. The summer months bring a large number of guests to their business from hundreds of miles away. In addition, approximately $1,500,000 in assets are to be transferred with the sale of the business. The motivated seller has health problems and would like to move to Florida to retire. This includes the real estate which is valued at $1,250,000. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $2,290,000


Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $283,621
Cash Flow:   $70,769
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $284,654
Seller Financing:  Not Disclosed

About The Business

Year Established:  1963
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner will train the buyer for 4 weeks at no cost.
Reason For Selling:  Other business interests.

Print Listing Id: 700200895
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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 > Wisconsin Businesses For Sale > Wisconsin Franchises For Sale > Wisconsin Business Brokers

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