*Price Drop* Hotel And Restaurant - Upper Peninsula

Description

Lodge business for sale, operating since 2006. The property combines lodging, restaurant and bar service with space for private events.

Property and facilities

• 16 hotel rooms
• Full-service restaurant
• Bar
• Event space for approximately 40 to 180 guests
• Approximately 18,000 sq. ft. of building space
• Nearly 6 acres of land

Seasonal business

The customer mix changes throughout the year.

Summer business comes from local residents and regional visitors traveling to the area for recreation, dining and short stays.

During fall and winter, the lodge also receives returning guests from across the Midwest who visit the region for hunting, snowmobiling and other seasonal outdoor activities.

Revenue sources

• Hotel room stays
• Restaurant sales
• Bar sales
• Private events and group functions

The owner is preparing for retirement.

Additional information

Only limited information is being released publicly. Additional financial, operating and property details are available to qualified buyers after completion of a confidentiality agreement.

Buyers should verify historical revenue by season, room occupancy, restaurant and bar sales, event bookings, liquor licensing, staffing, equipment, property ownership and value, insurance, maintenance costs and any outstanding customer deposits or future reservations before closing.