6-Room, Lakefront Lodge, Bar & Restaurant in Northern Minnesota For Sale - 11745
Price
$1,200,000 (Business & Real Estate)
Up North Lodge, Bar, Restaurant
Description
Four miles off the famed Gunflint Trail, lake-front lodge, bar, and restaurant with six lodge rooms and two pontoons to rent. Only a short drive to Grand Marais and many outdoor activities. The business income consists of 20% liquor 44% restaurant, 14% lodging, balance boat rentals, shirts, etc. Very close to County Airport on great fishing lake. Good cash flow to owner/operator with possible living quarters on site.
Listing ID
11745
Value From Year
2023
Cash Flow
$210,851
Value of Real Estate
$719,000
Gross Sales
$819,000
Reason for Selling
Other Interests
Value Of Real Estate Included
Yes
Value Of Equipment Included
No
Years Established
79
Full Time Employees
3
Part Time Employees
8