Hotel and Restaurant - Upper Peninsula - 898

This Lodge, established in 2006, features 16 hotel rooms and a full-service restaurant and bar, offering guests and visitors a complete hospitality experience. The Lodge also hosts events for anywhere from 40 to 180 people. The Lodge enjoys a loyal and diverse customer base that evolves naturally with the seasons. Summer months draw local residents and regional visitors seeking waterfront recreation, dining, and relaxation. As the seasons transition into fall and winter, the property becomes a destination for a dedicated base of repeat customers who travel from across the Midwest to take advantage of the region's world-class hunting, snowmobiling, and winter recreation. The Lodge spans 18,000 square feet on almost six acres of land. At this time, the owner is seeking to sell the Business in order to pursue retirement. Asking Price (or range): $ 2,000,000 (Includes Real Estate) Revenue: $ 950,601 Cash Flow (SDE or Adjusted EBITDA): $ 173,463 EBITDA: $ 106,709 Inventory: $ 15,400 FF&E: $ 2,075 Real Estate: Owned, included in asking price Total Building Size: 18,000 sq. ft. Seller Financing Available: Yes Seller Note: Limited seller-financing is available for qualified buyers. To receive the NDA, fill out our buyer form at https://www.smallbusinessdeal.com/business-listing/898-hotel-and-restaurant/