Business For Sale Listing 140718
Mountain Lodge With Restaurant For Sale
Status as of Jan-8-2009 at 06:02 PM: Active
Business Summary
Mountain Lodge With 14 Deluxe Units For Sale For The Reduced Price Of $1,100,000. This busy year round business & truly turnkey operation is waiting for the right person to step in & take over. Priced less than 3X gross sales, the Lodge has been completely renovated with well over $500,000 worth of improvements & now provides a perfect & idyllic setting for weddings, banquets or simply a quiet retreat. The Lodge has hundreds of antiques throughout the property, a full circular lounge, large banquet room & a very unique patio that provides additional outside dining. Collectively Assets which include antiques & a pick-up truck, Furniture, Fixtures & Equipment plus Inventory are valued at approx. $425,000! Real Estate Value is approx. $1,750,000. A new owner could acquire a Gambling License & sell pull tabs to increase the profit margin of this business! Owner is very proud to state that this is the best deal in the Great Pacific Northwest & is a perfect family business. Food Service is the #1 "Recession Proof" business in today's economy that is critical. Owner financing available at low rate of 6.5% with $650,000 down payment. Prime location with beautiful mountain & river views in Concrete, Washington. The property consists of 3 buildings totaling 8,500sq.ft plus land valued at over $1,750,000 with an additional 2.3 acres for further development. The Lodge is directly on scenic Highway 20 known as the Mountain Alps. It is on the "Cascade Loop" close to Mount Baker & North Cascade Park. This business needs to be seen to be appreciated. Call now for further details.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (580,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (160,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $1 Million and $2.5 Million (1,100,000) |
