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One Million Dollar Reduction Mountain Lodge Motel
Location Washington,United States
Asking Price Range $500K - $1.0M
Gross Revenues $580000
Net Profit / Cash Flow $160000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1964
Number of Employees 4 - 5
Inventory 365000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Owner is prepared to offer 2 weeks training & support to assist with liquor & gambling license.
Reason for Sale Health reasons.
Description One Million Dollar Reduction Mountain Lodge Motel With 14 Deluxe Units For Sale For The Reduced Price of $595,000 & is move in ready! 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. 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. Contact now to schedule a visit. Email or call Jim Baker at 321-452-3462 now for further details.
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