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Businesses For Sale   >>   Minnesota Businesses For Sale Categories   >>   

Gunflint Lake Lodge For Sale

Location  Minnesota,United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $2800000
Net Profit / Cash Flow  $500000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1970
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Description  This NE Minnesota resort consists of 32 cabins; a lodge containing a restaurant and gift shop; a conference center; an outfitters shop with 100+ canoes and camping gear for wilderness trips into the Boundary Waters Canoe Area; a summer stable and a winter dog sledding operation. The cabins are one story with a mix of one, two, three, or four bedrooms accommodating from two to twelve guests each. Cabins generally are equipped with gas or wood burning fireplaces; kitchen with dish washer; washer and dryer; inside sauna or spa, some have outside spa; DVD/VCR and CD music player; and, outside patio with grill. The property is sited on over 100 acres with extensive lakeshore frontage leaving plenty of room for expansion. A 5 bedroom/3 bath home for the owner is also included. The property can be acquired for $6,500,000.
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