Year Around Destination Restaurant + Cabins

www.GlobalBX.com

Listing ID: 700366507

Listing Title: Year Around Destination Restaurant + Cabins

Quick Link: http://www.globalbx.com/listing.asp?bId=366507

Industry: Hotels and Holiday Accommodation

Industry Segment: Guest Houses / Bed and Breakfast

Country: United States

State / Province: Missouri

Area

City:

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $2,101,217

Cash Flow: $222,837

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1945

Number of Employees: 20 - 34

Business Description:
Restaurant, Rental Cabins, and New Owners Residence over 3,200' - 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. The new owner should be able to focus on managing and promoting the business. Restaurant seats 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. They ended up down 6% from 2019 Sales for 2021 ended up over 30%, 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. Real Estate is Listed by Richard Roberts at The Brandon Group. Please contact Richard Roberts by using email form to the right or by calling his direct number, 479.689.4455 Ext 11.



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