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Listed by:

Transworld Business Advisors

Lakefront Hospitality Platform With Multiple Revenue Streams For Sale

Ottawa County, Ohio, US
Asking Price:
$2,010,000 Furniture / Fixtures included
Sales Revenue:
$496,063
Cash Flow:
$113,427

Lakefront Hospitality Platform with Multiple Revenue Streams

An exceptional opportunity to acquire a fully integrated hospitality platform in a high-demand Lake Erie coastal community. This unique offering combines a popular, community-driven brewpub and restaurant with a 24-unit lodging operation, creating multiple revenue streams within a single, synergistic property.

Strategically located near marinas, boat docks, and a network of locally owned marine service providers, the asset benefits from strong seasonal tourism, repeat local traffic, and a steady flow of recreational visitors. The brewpub serves as both a destination gathering place and an on-site amenity for lodging guests, driving cross-utilization and enhancing overall customer spend.

The lodging component offers a mix of short-term and extended-stay flexibility, providing consistent base income with compelling upside potential. While short-term rental conversion through platforms such as Airbnb and VRBO presents a clear opportunity to increase revenue, the current extended-stay model continues to provide dependable occupancy and cash flow, with the ability to cover core operating costs, including debt service.

This is a turnkey operation with established infrastructure, brand presence, and operational continuity in place. The inclusion of real estate provides long-term investment security while positioning the asset for future growth and repositioning as a boutique lakefront destination.

Ownership is pursuing a sale as part of a planned retirement, creating a unique opportunity for a new operator to step into an established, community-rooted business with immediate income and significant upside.

The real estate is included in the sale and is listed and represented by Realty Professionals, a licensed Ohio real estate brokerage. The listing agent is a licensed real estate professional in the State of Ohio. Cooperation with qualified, licensed real estate brokers will be considered.

Ideal for an entrepreneur, hospitality group, or investor seeking a scalable platform in a vibrant waterfront market, this opportunity also appeals to a lifestyle buyer looking to own and operate a destination business in a highly desirable recreational setting.

Property Information

Real Estate:

Real Property Included

Premises Details:

This Lake Erie hospitality business has evolved over time into a unique, dual-purpose destination serving both the local community and seasonal visitors drawn to the region’s robust boating and tourism economy.

The property was originally developed to support lodging demand in this active waterfront corridor, benefiting from its proximity to marinas, docks, and recreational traffic. Over time, the ownership introduced and expanded the brewpub and restaurant concept, transforming the location into a community gathering place and enhancing the overall guest experience.

Through this integration of food, beverage, and lodging, the business has established a loyal local following while consistently capturing seasonal tourism traffic. The combination of these complementary operations has created a self-sustaining ecosystem, where lodging guests patronize the restaurant and bar, and the brewpub attracts additional visitors to the property.

Business Operation

Expansion Potential:

Growth & Expansion Opportunities

This asset is well-positioned for a new owner to unlock additional value through operational optimization and strategic repositioning, while benefiting from a stable existing foundation.

Short-Term Rental Optimization

The lodging component presents a clear opportunity to transition toward a dynamic short-term rental (STR) model, including Airbnb and VRBO. This shift can increase average daily rates and overall revenue, particularly during peak lakefront seasons.

Stable Base Income

Even under its current extended-stay model, the lodging operation maintains consistent occupancy and reliable cash flow, providing a strong baseline that supports ongoing operating expenses and debt service. This creates a lower-risk entry point for buyers while they implement growth strategies.

Liquor License Expansion Opportunity

There is potential to pursue a 12-month liquor license versus the current seasonal structure, which could significantly enhance year-round revenue, extend operating consistency, and improve overall business valuation. This represents a meaningful operational lever for a new owner.

Integrated Guest Experience & Events

Expanded programming, including live music, private events, and bundled lodging packages, can further position the property as a destination experience and drive incremental revenue.

Brand & Market Expansion

Enhanced digital marketing, regional targeting, and brand development can increase visibility and attract a broader customer base beyond the immediate local market.

Competition / Market:

This asset operates within a fragmented and primarily single-use competitive landscape, where most nearby businesses focus either on food and beverage or lodging, but rarely both in an effective, coordinated way. Local competition consists largely of independent restaurants, bars, motels, and short-term rental properties serving seasonal tourism and community demand. As a result, few competitors offer a fully integrated guest experience.

What sets this property apart is its combined brewpub/restaurant and on-site lodging model, creating a natural synergy between the two operations. This allows the business to capture both dining and overnight demand, increase revenue per guest, and extend customer engagement beyond a single visit. Positioned near marinas, boat docks, and a steady flow of recreational traffic, the property benefits from both seasonal tourism and consistent local patronage, giving it a balanced and resilient demand profile.

Additionally, barriers to entry in this market remain meaningful due to the limited availability of appropriately zoned properties, the cost of acquiring near-water real estate, and the complexity of operating a dual hospitality model. Combined with its established local following and destination appeal, the business is well positioned as a differentiated, multi-revenue hospitality asset with a competitive advantage that is difficult to replicate.

Reasons for selling:

Retirement

Trading hours:

M-TH 11AM - 11PM | S/S 8AM - 11PM

Employees:
21

Other Information

Support & training:

4 weeks

Furniture / Fixtures value:
$160,945 - included in the asking price