Lake Front or Lake Access Hotel and Resort (Lodging, Hotels; Lodging, Motels)
- New Hampshire, Belknap
| Seller Financing: |
|
| Lender Pre-Qualified: |
|
| Listing ID: |
70344 |
| Status: |
Active |
Listing Details
| Listed Price: |
$2,900,000 |
| Down Payment: |
|
| Total Sales: |
|
| SDE: |
|
| EBIT: |
|
| EBITDA: |
|
| FFE: |
|
Included? |
| Real Estate: |
$2,900,000 |
Included? Yes |
| Inventory: |
|
Included? |
| A/R: |
|
Included? |
|
|
| Reason for Sale: |
Owner wants to return to homeland |
| Training: |
Owner will assist in transition as needed |
| Financing Terms: |
Pending SBA Pre-screen |
Operations
| Year Established: |
1990 |
| Last Acquired: |
|
| Form of Ownership: |
|
| Home Based: |
No |
| Relocatable: |
No |
| Type of Location: |
Stand-alone |
| Absentee Owner: |
|
| Online: |
|
| Employees: |
Full Time: 6 / Part Time: 18 |
| Managers: |
|
| Hours: |
|
| Owner Hours: |
|
| Non-Owner Payroll: |
|
| Franchise Info: |
|
Location
| Lease Expire: |
|
| Option: |
|
| Lease Terms: |
|
| Lease Security: |
|
| Monthly Rent: |
|
| Square Footage: |
|
| Facilities: |
49 rooms, function room(seats 160+-), restaurant, lounge (seats 125+-), pool, beach |
Summary
| Business Description: |
Fantastic opportunity to own the NH lifestyle. Features 49 rooms, restaurant, lounge, function room and large indoor pool.. Great frontage on one of the big lakes with potential to expand. A property like this seldom comes on the market. 12+- acres with frontage on a main road and located on town sewer. This can be purchased with or without the lakefront. Property has a launch ramp and several docks along with a sandy beach .140 parking spaces with potential to add more. The current owner is tired, operating on a limited schedule and wants to move back to homeland. The property is in excellent condition with recent renovations making it turnkey. The right buyer could be a working couple or a restaurant hotel group. The potential for a new owner with a good concept is outstanding and limitless. One of the best locations and facilities on any lake in NH! |
| Historical Summary: |
|
| Owner Qualifications: |
|
| Competition: |
|
| Potential Growth: |
Facility is not being fully utilized so expansion possibilities are many |
|
|
|
|