- Listing ID: 873366
- (Seller ref: 9150 Gibbs Group)
Northern Minnesota Hotel For Sale
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Summary
- Asking price:
- $2,495,000
- Sales revenue:
- $1,400,000
- Cash flow:
- $160,000
- Years established:
- 1950s
Business description
We are pleased to offer this incredible hotel opportunity in a major Northern Minnesota business and vacation destination hub! The property has served the business community and area for over 50 years and has had significant renovations and upgrades making it one of the finest hotels in Northern Minnesota. Gofling, snowmobiling, fishing, hunting and even hockey make this destination hotel facility a historic community icon. The property includes 80 (upgraded/remodeled and economy rooms), an indoor pool, banquet rooms, full service leased retaurant, bar/pub and 4 very impressive hotel suites. The hotel is priced to sell at a fraction of its initial construction costs and remodeling expense.
Property information
- Real Estate:
- Real Property Included
- Size in square feet:
- 80 rooms
Other information
- Support & training:
- 30 Days
- Reasons for selling:
- Other interests
- Trading hours:
- 24 hours
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
related resources
Post your comments and questions in the Forum >>
View all the resources you need to get through the buying process in Don't Dream It. Do It. >>
Other buyers need finance to buy a business like this in Finance Wanted >>
selling a business?
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